Will Fiscal Policy Be Effective Under EMU? /
European Economic and Monetary Union does not envisage creating a central fiscal authority. Monetary and exchange rate policies will be centralized, but fiscal policy will remain a national responsibility, in line with the subsidiarity principle. This paper argues that monetary union will generate p...
| Հիմնական հեղինակ: | |
|---|---|
| Այլ հեղինակներ: | |
| Ձևաչափ: | Ամսագիր |
| Լեզու: | English |
| Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
1998.
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| Շարք: | IMF Working Papers; Working Paper ;
No. 1998/176 |
| Առցանց հասանելիություն: | Full text available on IMF |