La política fiscal aplicada en la Unión Económica Monetaria (1999-2007). Un análisis desde la perspectiva de la recesión actual
The transfer of sovereignty in monetary policy and exchange rate associated with the creation of the Economic and Monetary Union (EMU) provides fiscal and budgetary policy with a more important role as a stabilization policy, and even more taking into account the current financial and economic crisis. The article makes an analysis of public finances within the EMU during the period 1999-2007. It examines the processes of consolidation of public accounts in Europe during the last years, the fiscal margin, with which the various governments have to face the crisis, the sign of this fiscal policy and its relation to the economic cycle, the implementation of the Stability and Growth Pact and the expected influence that the current crisis will have on European public finances in the coming years.
Volume (Year): 69 (2008)
Issue (Month): 03 ()
|Contact details of provider:|| Postal: C/Donostia-San Sebastián, 1, 01010 Vitoria-Gasteiz|
Phone: + 34 945019038
Fax: + 34945019062
Web page: http://www.euskadi.eus/economia
More information through EDIRC
|Order Information:|| Postal: Dpto. de Hacienda y Finanzas, Gobierno Vasco, C/Donostia-San Sebastián, 1, 01010 Vitoria-Gasteiz, Spain|
When requesting a correction, please mention this item's handle: RePEc:ekz:ekonoz:2008305. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Iñaki Treviño)
If references are entirely missing, you can add them using this form.