Fiscal Policy In The European Union
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Author | : Klaas Knot |
Publisher | : Edward Elgar Publishing |
Total Pages | : 232 |
Release | : 1996-01-01 |
Genre | : Business & Economics |
ISBN | : 9781781959657 |
Download Fiscal Policy and Interest Rates in the European Union Book in PDF, Epub and Kindle
This is an extensive study concerned with the potential effects of fiscal policy on financial markets in the EU. It takes into account the gradual liberalization of capital movements through Western Europe & the framework of the European Monetary System.
Author | : J. Ferreiro |
Publisher | : Springer |
Total Pages | : 235 |
Release | : 2008-11-27 |
Genre | : Business & Economics |
ISBN | : 0230228267 |
Download Fiscal Policy in the European Union Book in PDF, Epub and Kindle
This book provides a comprehensive analysis of national fiscal policies in the European Union and in the European Monetary Union. Adopting a critical perspective, the book offers a deep insight into the consequences of the current strategy of national fiscal policies on economic activity.
Author | : Martin Larch |
Publisher | : Routledge |
Total Pages | : 219 |
Release | : 2009-12-16 |
Genre | : Business & Economics |
ISBN | : 1135234949 |
Download Fiscal Policy Making in the European Union Book in PDF, Epub and Kindle
""Fiscal policy making in the European Union is a national prerogative that is carried out and co-ordinated within the remits of the Stability and Growth Pact (SGP). The SGP Member States have agreed upon a rules-based framework which, abstracting from operational details, aims to ensure long-term sustainability of public finances while allowing for short-term fiscal stabilization. The success of the EU fiscal framework depends to a large extent on the effectiveness and accuracy of the tool-kit of indicators and methods used at the EU level to monitor and assess the fiscal performance of the Member States vis-a-vis the requirements of the SGP. The contributions to this volume examine key aspects of the measurement of fiscal policy making in the context of the EU fiscal surveillance framework. They highlight strengths and weaknesses of current assessment practice, including innovations implied by the 2005 revision of the SGP." "--Jacket.
Author | : Carlo Cottarelli |
Publisher | : Routledge |
Total Pages | : 270 |
Release | : 2014-11-13 |
Genre | : Business & Economics |
ISBN | : 1317667514 |
Download Designing a European Fiscal Union Book in PDF, Epub and Kindle
Does the European Union need closer fiscal integration, and in particular a stronger fiscal centre, to become more resilient to economic shocks? This book looks at the experience of 13 federal states to help inform the heated debate on this issue. It analyses in detail their practices in devolving responsibilities from the subnational to the central level, compares them to those of the European Union, and draws lessons for a possible future fiscal union in Europe. More specifically, this book tries to answer three sets of questions: What is the role of centralized fiscal policies in federations, and hence the size, features and functions of the central budget? What institutional arrangements are used to coordinate fiscal policy between the federal and subnational levels? What are the links between federal and subnational debt, and how have subnational financing crises been handled, when they occurred? These policy questions are critical in many federations, and central to the current discussions about future paths for the European Union. This book brings to the table new, practical insights through a systematic and comprehensive comparison of the EU fiscal framework with that of federal states. It also departs from the decentralization perspective that has been prominent in the literature by focusing on the role of the centre (which responsibilities are centralized at the federal level and how they are handled, rather than which functions belong to the local level). Such an approach is particularly relevant for the European Union, where a fiscal union would imply granting new powers to the centre.
Author | : James Forder |
Publisher | : Psychology Press |
Total Pages | : 218 |
Release | : 1998 |
Genre | : Europe |
ISBN | : 0415141966 |
Download The European Union and National Macroeconomic Policy Book in PDF, Epub and Kindle
The European Union and National Macroeconomic Policy examines the way in which the European Union has affected autonomy in the macro-economic policy making of the member states.
Author | : Michal Andrle |
Publisher | : International Monetary Fund |
Total Pages | : 28 |
Release | : 2015-05-21 |
Genre | : Business & Economics |
ISBN | : 1513510029 |
Download Reforming Fiscal Governance in the European Union Book in PDF, Epub and Kindle
Successive reforms have brought many positive elements to the European Union’s fiscal framework. But they have also increased its complexity. The current system involves an intricate set of fiscal constraints, which hampers effective monitoring and public communication. Compliance has also been weak. This note discusses medium-term reform options to simplify the framework and improve compliance. Based on model simulations and practical considerations, it argues for moving to a two-pillar approach, with a single fiscal anchor (public debt-to-GDP) and a single operational target (an expenditure growth rule, possibly with an explicit debt correction mechanism) linked to the anchor.
Author | : Clément Vaneecloo |
Publisher | : Peter Lang |
Total Pages | : 244 |
Release | : 2006 |
Genre | : Business & Economics |
ISBN | : 9789052010441 |
Download Fiscal Federalism in the European Union and Its Countries Book in PDF, Epub and Kindle
The book tackles a key issue for the European Union: Fiscal Federalism. It evaluates the applicability of this theoretical perspective for the EU. Conversely, it pinpoints ways in which the diversity of existing fiscal settings and organisations, both at national and European levels, can throw light on the theory. The study analyses two of the most important European policies: Cohesion Policy and the Stability and Growth Pact. It compares the episode of German Unification to the 2004 European Enlargement. It pioneers a cross-country analysis of the various national fiscal settings. Finally, it highlights the close links between the dynamics of decision-making related to the main budgetary choices and the integration process. The questions raised are crucial in the current context of economic and institutional uncertainty: How should we apprehend the Cohesion Policy, the main expression of European solidarity? How can the coordination of national fiscal policies be improved? How are European countries and their regions organised in fiscal and budgetary terms? What lessons can the EU draw from its own fiscal past and from that of its Member States? Over and above the originality of the answers provided by the authors, the book suggests that it would be difficult to take the integration process further without first clarifying what Europe can, should or wants to do.
Author | : Amedeo Fossati |
Publisher | : Routledge |
Total Pages | : 318 |
Release | : 2005-08-03 |
Genre | : Business & Economics |
ISBN | : 1134632142 |
Download Fiscal Federalism in the European Union Book in PDF, Epub and Kindle
Combining theoretical and empirical analysis this book explores the core issues of fiscal federalism in the European context.
Author | : Mr.Julio Escolano |
Publisher | : International Monetary Fund |
Total Pages | : 32 |
Release | : 2012-02-01 |
Genre | : Business & Economics |
ISBN | : 1463943644 |
Download Fiscal Performance, Institutional Design and Decentralization in European Union Countries Book in PDF, Epub and Kindle
This paper analyzes the impact of decentralization on overall fiscal performance in the European Union, taking into account fiscal institutional arrangements. We find that spending decentralization has been associated with sizably better fiscal performance, especially when transfer dependency of subnational governments is low. However, subnational fiscal rules do not seem to be associated with better performance.
Author | : Jacobus Johannes Maria Jansen |
Publisher | : Kluwer Law International B.V. |
Total Pages | : 274 |
Release | : 2011-01-01 |
Genre | : Business & Economics |
ISBN | : 9041134034 |
Download Fiscal Sovereignty of the Member States in an Internal Market Book in PDF, Epub and Kindle
The book deals with national sovereignty of Member States in tax matters, and the tensions created by the fact that the decisions by the European Court of Justice requires them to exercise consistently with the Community law. Contributions in the book cover a variety of critical issues, including the current and possible future effects of the internal market on the fiscal sovereignty of Member States; the limits that European law imposes on Member States' policy sovereignty in matters of international tax law; the effect of European law on taxes levied by local authorities; and the consequences the Treaty of Lisbon may have for Member States' fiscal sovereignty.