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Buchbeschreibung Taschenbuch. Zustand: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The Maastricht Treaty and the Stability and Growth Pact attempt to define the conditions of sound public finances which are necessary conditions for the success of European Monetary Union, setting quantitative limits to deficit and debt in EU countries. The centralisation of monetary policy and the impossibility of using exchange rates as a policy instrument make fiscal policy all the more important. Indeed, fiscal policy together with structural policy becomes the main instrument of national economic policy. This book considers, at an analytical level, how the EMU countries can manage their fiscal policy within constraints. Focusing on Stability and Growth Pact and the Golden Rule, the analysis approaches the question from three angles: the ways the budget constraint can also be considered as a solvency constraint, the desirability of fiscal constraints in a monetary union and the effect of such constraints on capital accumulation and public investment. 80 pp. Englisch. Bestandsnummer des Verkäufers 9783639226850
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Buchbeschreibung Taschenbuch. Zustand: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - The Maastricht Treaty and the Stability and Growth Pact attempt to define the conditions of sound public finances which are necessary conditions for the success of European Monetary Union, setting quantitative limits to deficit and debt in EU countries. The centralisation of monetary policy and the impossibility of using exchange rates as a policy instrument make fiscal policy all the more important. Indeed, fiscal policy together with structural policy becomes the main instrument of national economic policy. This book considers, at an analytical level, how the EMU countries can manage their fiscal policy within constraints. Focusing on Stability and Growth Pact and the Golden Rule, the analysis approaches the question from three angles: the ways the budget constraint can also be considered as a solvency constraint, the desirability of fiscal constraints in a monetary union and the effect of such constraints on capital accumulation and public investment. Bestandsnummer des Verkäufers 9783639226850
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Buchbeschreibung Kartoniert / Broschiert. Zustand: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Moro DomenicoDomenico Moro (D.Phil, Bologna and PhD, Warwick) is currently working as researcher at the University of Birmingham (Third Sector Research Centre). He is also a lecturer of Health Economics at Catanzaro University and. Bestandsnummer des Verkäufers 4968937
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Buchbeschreibung Paperback. Zustand: Brand New. 80 pages. 8.66x5.91x0.19 inches. This item is printed on demand. Bestandsnummer des Verkäufers zk3639226852
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