Fiscal Policy and Growth in the Context of European Integration /

The paper considers the issue of whether a supranational fiscal policy in Europe is needed, and, if so, what responsibilities it should undertake. The literature on endogenous growth and the principle of subsidiarity suggest that such a policy should be limited to externalities or economies of scale...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Masson, Paul
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2000.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2000/133
Online Zugang:Full text available on IMF