Fiscal Adjustments in the 1990s: Case Studies

Carlos Mulas-Granados

Chapter 5 in Economics, Politics and Budgets, 2006, pp 93-149 from Palgrave Macmillan

Abstract: Abstract In the context of the clear limits established by the Maastricht Treaty and the Stability and Growth Pact, to affirm that fiscal policy is not as homogeneous across Europe as could be expected in a monetary union because domestic economic and political factors still have a strong influence, may appear unconvincing in spite of the statistical evidence presented until now.

Keywords: Monetary Policy; Fiscal Policy; Public Investment; European Central Bank; Monetary Union (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50163-8_5

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DOI: 10.1057/9780230501638_5

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