Economics, Econometrics and Finance
8 years ago

EMU Fiscal Policy Overhaul: A Path to Sustainability and Growth

Fiscal Policy in EMU: Towards a Sustainability and Growth Pact? Bruegel Working Papers, 2005/01, December 2005
Benoît Cœuré, Jean Pisani‐Ferry

Paper Summary

The article discusses the fiscal policies of the European Monetary Union (EMU) and aims to compare the current framework with what is considered ideal for a monetary union. The researchers explore potential improvements to the existing system.

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