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Comment définir les "circonstances exceptionnelles" ?

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Author Info

  • Alexis Penot

    (GATE - Groupe d'analyse et de théorie économique - CNRS : UMR5824 - Université Lumière - Lyon II - Ecole Normale Supérieure Lettres et Sciences Humaines)

  • Agnès Bénassy-Quéré

    (CEPII - Centre d'Etudes Prospectives et d'Informations Internationales - Centre d'analyse stratégique)

Abstract

Dans sa version initiale, le Pacte de Stabilité et de Croissance (PSC) fixe à 3% le déficit public maximumpour chacun des pays membres de la zone euro. Toutefois, afin d'éviter de subir les procéduresde déficit public excessif, les pays peuvent éventuellement se prévaloir de "circonstances exceptionnelles".Celles-ci sont parfaitement codifiées : avec une récession supérieure à 2%, un pays peut lesinvoquer et donc s'affranchir de la limite de 3% de déficit public. Avec une récession comprise entre0,75 et 2%, des négociations sont engagées pour le déclenchement éventuel des sanctions.

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File URL: http://halshs.archives-ouvertes.fr/docs/00/15/89/32/PDF/CircExcepv2.pdf
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Bibliographic Info

Paper provided by HAL in its series Post-Print with number halshs-00158932.

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Date of creation: 2005
Date of revision:
Publication status: Published, Problèmes économiques, 2005, 2871, 44-48
Handle: RePEc:hal:journl:halshs-00158932

Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00158932/en/
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Web page: http://hal.archives-ouvertes.fr/

Related research

Keywords: définition ; circonstances exceptionnelles; Pacte de Stabilité et de Croissance;

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