Le projet de Constitution européenne et la coordination des politiques économiques
Jerome Creel
Revue de l'OFCE, 2004, vol. 88, issue 1, 119-150
Abstract:
The Draft Constitution was rejected in December 2003 for political reasons and without any discussion on its economic policies? contents. No reform proposal on the design of fiscal policies in the EU was even mentioned, nor reform proposal of the statutes of the ESCB. Hence, the Stability and Growth Pact remains the cornerstone of European fiscal policies. Unfortunately, not enforced, it lacks credibility. In the paper, the institutional framework of European fiscal policies is thoroughly discussed. The Draft status quo is given a critical assessment. The article then turns towards the advantages of a better coordination of economic policies, be they only fiscal or monetary and fiscal policies. Last, the ?golden rule of public finances? is showed to incorporate properties which might make up for the absence of ?ex ante coordination? within the EU.
Date: 2004
References: Add references at CitEc
Citations: View citations in EconPapers (5)
Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=REOF_088_0119 (application/pdf)
http://www.cairn.info/revue-de-l-ofce-2004-1-page-119.htm (text/html)
free
Related works:
Working Paper: Le projet de Constitution européenne et la coordination des politiques économiques (2004) 
Working Paper: Le projet de Constitution européenne et la coordination des politiques économiques (2004) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:cai:reofsp:reof_088_0119
Access Statistics for this article
More articles in Revue de l'OFCE from Presses de Sciences-Po
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().