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Language: en
Pages: 49
Pages: 49
Type: BOOK - Published: 2022-09-05 - Publisher: International Monetary Fund
The EU’s fiscal framework needs reform. While existing fiscal rules have had some impact in constraining deficits, they did not prevent deficits and debt rati
Language: en
Pages: 28
Pages: 28
Type: BOOK - Published: 2015-05-21 - Publisher: International Monetary Fund
Successive reforms have brought many positive elements to the European Union’s fiscal framework. But they have also increased its complexity. The current syst
Language: en
Pages: 28
Pages: 28
Type: BOOK - Published: 2005-02-01 - Publisher: International Monetary Fund
A rules-based fiscal framework, such as the EU’s Stability and Growth Pact (SGP), can be an important bulwark against short-sighted policies. Although policie
Language: en
Pages: 28
Pages: 28
Type: BOOK - Published: 2015 - Publisher:
Successive reforms have brought many positive elements to the European Union's fiscal framework. But they have also increased its complexity. The current system
Language: en
Pages: 50
Pages: 50
Type: BOOK - Published: 2015-03-24 - Publisher: International Monetary Fund
The paper contributes to the discussions on fiscal governance in Europe. It takes stock of recent reforms, identifies areas for further progress, and discusses