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Proceedings from the ECFIN Workshop "The budgetary implications of structural reforms" - Brussels, 2 December 2005

Author

Listed:
  • S. Deroose
  • E. Flores
  • A. Turrini

Abstract

Most of the reforms discussed within the framework of the Lisbon strategy will benefit public finances in the long term. However, in the short-term, there could a trade-off between some structural reforms and budgetary discipline. This possible tension between reforms and fiscal discipline was identified by academic economists as a possible drawback of the Stability and Growth Pact since its inception.

Suggested Citation

  • S. Deroose & E. Flores & A. Turrini, 2006. "Proceedings from the ECFIN Workshop "The budgetary implications of structural reforms" - Brussels, 2 December 2005," European Economy - Economic Papers 2008 - 2015 248, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    • Handle: RePEc:euf:ecopap:0248
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    File URL: https://ec.europa.eu/economy_finance/publications/pages/publication737_en.pdf
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    References listed on IDEAS

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    1. International Monetary Fund, 2014. "Euro Area Policies: Selected Issues," IMF Staff Country Reports 2014/199, International Monetary Fund.

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