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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Beetsma, Roel
Muut tekijät: Debrun, Xavier
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2005.
Sarja:IMF Working Papers; Working Paper ; No. 2005/059
Linkit:Full text available on IMF