Implementing the Stability and Growth Pact : Enforcement and Procedural Flexibility /
The paper analyzes some key policy trade-offs involved in the implementation of the Stability and Growth Pact. Greater "procedural" flexibility in the Pact's implementation may improve welfare. Procedural flexibility designates the enforcer's room to apply judgment on underlying...
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| Format: | Czasopismo |
| Język: | English |
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Washington, D.C. :
International Monetary Fund,
2005.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2005/059 |
| Dostęp online: | Full text available on IMF |