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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Bibliografske podrobnosti
Glavni avtor: Beetsma, Roel
Drugi avtorji: Debrun, Xavier
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2005.
Serija:IMF Working Papers; Working Paper ; No. 2005/059
Online dostop:Full text available on IMF