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Structural Reforms and Fiscal Discipline in Europe

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  • Alessandro Girardi
  • Paolo Paesani

Abstract

The global slowdown has tested the effectiveness of the European institutional frameworks in supporting both stability and growth which led to a number of proposals for reform regarding the institutional design of the European Union and on the relationship between the goal of fiscal discipline and the plan of structural reforms. This paper aims at collecting and summarising recent contributions on the effectiveness of the institutional framework operating in Europe to fulfil the objectives declared in the Lisbon Agenda under the fiscal constraints established in the Stability and Growth Pact.
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  • Alessandro Girardi & Paolo Paesani, 2008. "Structural Reforms and Fiscal Discipline in Europe," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 15(2), pages 389-402, September.
    • Handle: RePEc:spr:trstrv:v:15:y:2008:i:2:p:389-402
    DOI: 10.1007/s11300-008-0005-6
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    More about this item

    Keywords

    European institutional frameworks; Stability and Growth Pact; Lisbon Strategy; Sapir Report; F15; F55; H60; H87;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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