The fiscal discipline implied by EU's Stability and Growth Pact is presented as a necessary element of the monetary union. The paper also hints at some proposals for improving the Pact.
Fiscal discipline in a monetary union: issues for the euro area
BRUNI, FRANCO
2004
Abstract
The fiscal discipline implied by EU's Stability and Growth Pact is presented as a necessary element of the monetary union. The paper also hints at some proposals for improving the Pact.
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