THE ROLE OF FISCAL COUNCILS IN ACHIEVING ECONOMICGROWTH AND FISCAL DISCIPLINE

Hussein Mkiyes
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Hussein Mkiyes: Faculty of National Economy/ Department of Economics, University ofEconomics in Bratislava, Bratislava, Slovak Republic

Pressburg Economic Review, 2022, vol. 2, issue 1, 18-22

Abstract: The European Union (EU) member states should ensure their long-term stability andprosperity, sound fiscal policies and discipline and here, fiscal councils play a crucial role. Fiscalcouncils are independent bodies responsible for assessing the government's fiscal policies,providing fiscal advice and monitoring the implementation of fiscal rules. This article discussesthe role of fiscal councils in achieving economic growth and fiscal discipline in the EU. The articlealso highlights the importance of fiscal councils in promoting transparency and credibility in fiscalpolicies, providing early warning signals of potential fiscal imbalances, and contributing to thelong-term stability and prosperity of the EU.

Keywords: fiscal council; fiscal stability; economic growth (search for similar items in EconPapers)
Date: 2022
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DOI: 10.5281/zenodo.7584199

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