Models for Stability and Growth, Structural Reforms, Conditionality, and EU Surveillance Criteria
Policy frameworks of the IMF, the World Bank, and the EU are discussed in order to come up with criteria of macroeconomic and financial stability and sustainability for Future Member States of the EU (candidate and potential candidate countries). The key deficiency of the EU policy framework is that it lacks a short-term stabilization policy model and instruments for adjustment, such as the IMF. It also lacks an appropriate model for investment support, though not necessarily the funds if not the instruments. The paper suggests a set of criteria for surveillance.
|Length:||30 pages including 2 Tables and 1 Figure|
|Date of creation:||Dec 2011|
|Date of revision:|
|Publication status:||Published as wiiw Research Report|
|Contact details of provider:|| Postal: |
Phone: (+43-1) 533 66 10
Fax: (+43-1) 533 66 10-50
Web page: http://www.wiiw.ac.at
More information through EDIRC
|Order Information:||Web: http://wiiw.ac.at|
When requesting a correction, please mention this item's handle: RePEc:wii:rpaper:rr:375. 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: (Customer service)
If references are entirely missing, you can add them using this form.