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...
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| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2000.
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| Серии: | IMF Working Papers; Working Paper ;
No. 2000/133 |
| Online-ссылка: | Full text available on IMF |