Replacing the Stability and Growth Pact?

C. A. E. Goodhart

Chapter 7 in Euroland and the World Economy, 2007, pp 135-153 from Palgrave Macmillan

Abstract: Abstract The Euro Area is unique in its structure, whereby a single, federal monetary system coexists with separate national fiscal and labour market management. Central federal competences in Brussels in these latter fields are much weaker than in other federal systems, such as the United States, Australia, Canada, Germany,and so on.

Keywords: Fiscal Policy; Euro Area; Monetary Union; Financial Intermediary; Euro Area Country (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37755-4_8

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DOI: 10.1057/9780230377554_8

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