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Institutions and Instruments of Fiscal Policy in the European Monetary Union

Author

Listed:
  • Aniºoara Niculina Apetri

    („ªtefan cel Mare” University of Suceava, Economic and Public Administration Faculty)

  • Gheorghe Morosan

    („ªtefan cel Mare” University of Suceava, Economic and Public Administration Faculty)

  • Ana Maria Hlaciuc

    („ªtefan cel Mare” University of Suceava, Economic and Public Administration Faculty)

Abstract

The European Monetary Union (EMU) represents besides applying a common monetary policy but also coordinating the economic and fiscal policies. We intended through this study to achieve a synthetic presentation of the main issues with regard to fiscal policy, to fiscal policy rules stipulated in the treaties of the European Monetary Union, and to the use of fiscal policy as an instrument of public policy in the stabilization process of economic cycles within the European Monetary Union and the adjustment process of the macroeconomic indicators.

Suggested Citation

  • Aniºoara Niculina Apetri & Gheorghe Morosan & Ana Maria Hlaciuc, 2014. "Institutions and Instruments of Fiscal Policy in the European Monetary Union," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 87-92, May.
    • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:1:p:87-92
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    More about this item

    Keywords

    European Union; fiscal policy; Stability and Growth Pact; excesive deficit.;
    All these keywords.

    JEL classification:

    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

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