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What to do with the Stability Pact

  • Forum
  • Should the European Stability and Growth Pact be Changed?
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Intereconomics

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References

  1. See Willem Buiter, Giancario Corsetti, Paolo Pesenti: Excessive Deficits: Sense and Nonsense in the Treaty of Maastricht, in: Economic Policy, Vol. 8, No. 16, 1993, pp. 57–100.

  2. See Juergen von Hagen, Ian J. Harden: National Budget Processes and Fiscal Performance, in: European Economy, Reports and Studies, No. 3, 1994, pp. 311–418; Kichiro Fukasaku, Ricardo Hausmann (eds.): Democracy, Decentralization, and Deficits in Latin America, Paris 1998, OECD; Juergen von Hagen: Budgeting Institutions for Aggregate Fiscal Discipline, ZEI Policy Paper No. B98-01, Bonn 1998, Center for European Integration Studies.

  3. See Juergen von Hagen, Barry Eichengreen: Federalism, Fiscal Restraints and European Monetary Union, in: American Economic Review, Vol. 86, No. 2, 1996, pp. 134–138; Ernesto Stein: Fiscal Decentralization and Government Size in Latin America, in: Kichiro Fukasaku, Ricardo Hausmann (eds.): Democracy, Decentralization, and Deficits in Latin America, Paris 1998, OECD, pp. 95–120.

  4. See Juergen von Hagen: Budgeting Institutions for Aggregate Fiscal Discipline, ZEI Policy Paper No. B98-01, Bonn 1998, Center for European Integration Studies.

  5. See Barry Eichengreen, Ricardo Hausmann, Juergen von Hagen: Reforming Budgetary Institutions in Latin America: The Case for a National Fiscal Council, in: Open Economies Review; Vol. 10, No. 4, 1999, pp. 415–442; Simon Wren-Lewis: The Limits of Discretionary Fiscal Stabilisation Policy, in: Oxford Review of Economic Policy, Vol. 16, No. 4, 2000, pp. 92–105; Charles Wyplosz: The Stability Pact Meets its Fate, paper prepared for the Euro 50 Group, Paris, 27 November 2002; Charies Wyplosz: Fiscal Policy in EMU: Rules or Institutions?, paper prepared for the Group of Economic Analysis of the European Commission, April 2002.

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Eichengreen, B. What to do with the Stability Pact. Intereconomics 38, 7–10 (2003). https://doi.org/10.1007/BF03031832

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