IDEAS home Printed from https://ideas.repec.org/a/zag/zirebs/v4y2001i1p45-62.html
   My bibliography  Save this article

A Question of Fit for EMU:Process and Policy in the Fiscal Domain

Author

Listed:
  • Brian Ardy

    (South Bank University, London)

Abstract

This paper examines the nature and effectiveness of rule based legal requirements and more informal measures for government cooperation in economic policy measures to coordinate monetary and fiscal policy. The analysis considers the objectives of EU economic policy, the Stability and Growth Pact, other EU coordination processes, and the relationship between ECB credibility and fiscal policy. The conclusion is that although the problem of monetary and fiscal policy co-ordination remains unsolved by the SGP this has not so far represented a fundamental flaw in the design of EMU but the system has yet to be tested in more difficult recessionary circumstances.

Suggested Citation

  • Brian Ardy, 2001. "A Question of Fit for EMU:Process and Policy in the Fiscal Domain," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 4(1), pages 45-62, May.
    • Handle: RePEc:zag:zirebs:v:4:y:2001:i:1:p:45-62
    as

    Download full text from publisher

    File URL: http://www.efzg.hr/default.aspx?id=2694
    Download Restriction: Abstract only available on-line
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    EMU; Monetary policy; Fiscal policy; Coordination;
    All these keywords.

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

    Statistics

    Access and download statistics

    Corrections

    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:zag:zirebs:v:4:y:2001:i:1:p:45-62. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jurica Šimurina (email available below). General contact details of provider: https://edirc.repec.org/data/fefzghr.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.