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Budget and constitution: a proposal for revision in the light of the Maastricht Treaty

Author

Listed:
  • R.S. MASERA

    (Minister for Budget and Economic Planning, Rome (Italy))

Abstract

The problems regarding Italy's proposed adherence to the European Economic and Monetary Union are discussed, particularly, the procedures in determining the public budget and their possible changes. Transparency in the budget process is needed to be able to do this task. The implications of the proposed changes on the amendments to the Finance Bill and the consequences of the Maastricht Treaty should also be closely examined. The economic and legal rules must be made known well before switching to the European currency.

Suggested Citation

  • R.S. Masera, 1996. "Budget and constitution: a proposal for revision in the light of the Maastricht Treaty," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 49(196), pages 37-58.
    • Handle: RePEc:psl:bnlaqr:1996:12
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    File URL: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10607/10491
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    More about this item

    Keywords

    Italy; budget; EMU;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems

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