A Política Orçamental no Quadro do Pacto de Estabilidade e Crescimento na Zona Euro: Um Contributo Crítico
With the political decision which lays the groundwork for the process leading to the European Monetary Union (EMU), the member states in order to participate in this Union, have to respect some conditions, particularly, the «nominal convergence determined in the Treaty of Maastricht in 1992. However, in the EMU, the member states will be required to comply the Treaty of Maastricht and Stability and Growth Pact (Amsterdan, 1997) budgetary rules, while, the monetary and exchange rate policies are commons and centralized in the European Central Bank (ECB). Those limitations on the conduct of fiscal policies are closely related with the appearance of «asymmetric shocks» in the economy of a member state.
|Date of creation:||2002|
|Contact details of provider:|| Postal: Núcleo de Investigação em Políticas Económicas, Escola de Economia e Gestão, Universidade do Minho, P-4710-057 Braga, Portugal|
Phone: +351-253604510 ext 5532
Web page: http://www3.eeg.uminho.pt/economia/nipe/versao_inglesa/index_uk.htm
More information through EDIRC
|Order Information:|| Email: |
When requesting a correction, please mention this item's handle: RePEc:nip:nipewp:3/2002. 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: (Maria João Thompson)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 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.