IDEAS home Printed from
   My bibliography  Save this article

Coordination between the Common Monetary Policy and the National Fiscal Policies – Principles, Methods and Difficulties


  • Socol Cristian

    () (Academy of Economic Studies, Bucharest)

  • Socol Aura

    () (Academy of Economic Studies, Bucharest)

  • Marinaº Marius

    () (Academy of Economic Studies, Bucharest)


The European model’s entry into the third integration stage – The Economic and Monetary Union – has changed the conception of the macroeconomic policies. The „one for one” principle changed into the „one for all” principle. Within the Eurozone, all the member states can share both the benefits and also the costs of a common monetary policy, which should be combined with the national fiscal policies, elaborated by each country which is member to the Eurozone. Our research proposes an analysis of the technical difficulties in achieving the common monetary policy – national fiscal policies mix within the Eurozone.

Suggested Citation

  • Socol Cristian & Socol Aura & Marinaº Marius, 2011. "Coordination between the Common Monetary Policy and the National Fiscal Policies – Principles, Methods and Difficulties," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1944-1948, May.
  • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:1944-1948

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    monetary policy; fiscal policy; Economic and Monetary Union;

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • F15 - International Economics - - Trade - - - Economic Integration


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:1944-1948. 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: (Gheorghiu Gabriela). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.