Economics, Econometrics and Finance
4 years ago

Loosening fiscal rules in EU threatens economic growth of New Member States.

1 view
CASE Network Studies and Analyses
Design and Implementation of the Stability and Growth Pact: The Perspective of New Member States
Fabrizio Coricelli

Paper Summary

The European Union's fiscal rules may harm New Member States by reducing incentives for them to adjust their budgets. This could make it harder for these countries to catch up to the income levels of older EU countries.

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