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Replacing the Stability and Growth Pact?

In: Euroland and the World Economy

Author

Listed:
  • C. A. E. Goodhart

Abstract

The Euro Area is unique in its structure, whereby a single, federal monetary system coexists with separate national fiscal and labour market management. Central federal competences in Brussels in these latter fields are much weaker than in other federal systems, such as the United States, Australia, Canada, Germany,and so on.

Suggested Citation

  • C. A. E. Goodhart, 2007. "Replacing the Stability and Growth Pact?," Palgrave Macmillan Books, in: Jörg Bibow & Andrea Terzi (ed.), Euroland and the World Economy, chapter 7, pages 135-153, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37755-4_8
    DOI: 10.1057/9780230377554_8
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    Citations

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    Cited by:

    1. Andrea Terzi, 2007. "WP 2007-4 Fiscal deficits in the U.S. and Europe: Revisiting the link with interest rates," SCEPA working paper series. 2007-4, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    2. Yuwen Dai, 2022. "Monetary Policy and Financial Sustainability in a Two-State Open Economy," Sustainability, MDPI, vol. 14(8), pages 1-12, April.
    3. Ralph M. Wrobel, 2008. "Balanced Budget Rules in Europe: A Comparative Institutional Analysis," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 11(1), pages 153-168, March.
    4. Jörg Bibow, 2013. "Lost at Sea: The Euro Needs a Euro Treasury," IMK Studies 35-2013, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    5. Jorg Bibow, 2015. "The Euro's Savior? Assessing the ECB's Crisis Management Performance and Potential for Crisis Resolution," Economics Working Paper Archive wp_845, Levy Economics Institute.

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