Fiscal Policy and Interest Rates in the European Union

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781959657
Total Pages : 232 pages
Book Rating : 4.9/5 (596 download)

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Book Synopsis Fiscal Policy and Interest Rates in the European Union by : Klaas Knot

Download or read book Fiscal Policy and Interest Rates in the European Union written by Klaas Knot and published by Edward Elgar Publishing. This book was released on 1996-01-01 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an extensive study concerned with the potential effects of fiscal policy on financial markets in the EU. It takes into account the gradual liberalization of capital movements through Western Europe & the framework of the European Monetary System.

Fiscal Policy in the European Union

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Author :
Publisher : Springer
ISBN 13 : 0230228267
Total Pages : 235 pages
Book Rating : 4.2/5 (32 download)

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Book Synopsis Fiscal Policy in the European Union by : J. Ferreiro

Download or read book Fiscal Policy in the European Union written by J. Ferreiro and published by Springer. This book was released on 2008-11-27 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive analysis of national fiscal policies in the European Union and in the European Monetary Union. Adopting a critical perspective, the book offers a deep insight into the consequences of the current strategy of national fiscal policies on economic activity.

Designing a European Fiscal Union

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1138783226
Total Pages : 270 pages
Book Rating : 4.1/5 (387 download)

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Book Synopsis Designing a European Fiscal Union by : Mr.Carlo Cottarelli

Download or read book Designing a European Fiscal Union written by Mr.Carlo Cottarelli and published by International Monetary Fund. This book was released on 2014-12-05 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does the European Union need closer fiscal integration, and in particular a stronger fiscal centre, to become more resilient to economic shocks? This book looks at the experience of 13 federal states to help inform the heated debate on this issue. It analyses in detail their practices in devolving responsibilities from the subnational to the central level, compares them to those of the European Union, and draws lessons for a possible future fiscal union in Europe. More specifically, this book tries to answer three sets of questions: What is the role of centralized fiscal policies in federations, and hence the size, features and functions of the central budget? What institutional arrangements are used to coordinate fiscal policy between the federal and subnational levels? What are the links between federal and subnational debt, and how have subnational financing crises been handled, when they occurred? These policy questions are critical in many federations, and central to the current discussions about future paths for the European Union. This book brings to the table new, practical insights through a systematic and comprehensive comparison of the EU fiscal framework with that of federal states. It also departs from the decentralization perspective that has been prominent in the literature by focusing on the role of the centre (which responsibilities are centralized at the federal level and how they are handled, rather than which functions belong to the local level). Such an approach is particularly relevant for the European Union, where a fiscal union would imply granting new powers to the centre.

Fiscal Policy Making in the European Union

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Author :
Publisher : Routledge
ISBN 13 : 1135234930
Total Pages : 375 pages
Book Rating : 4.1/5 (352 download)

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Book Synopsis Fiscal Policy Making in the European Union by : Martin Larch

Download or read book Fiscal Policy Making in the European Union written by Martin Larch and published by Routledge. This book was released on 2009-12-16 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines key aspects of the measurement of fiscal policy making in the EU fiscal surveillance framework, highlighting strengths and weaknesses of current assessment practice. Based on the proceedings of a workshop organized by the European Commission’s Directorate-General Economic and Financial Affairs, the book’s contributions from leading experts will be of particular value to individuals and institutions involved in the fields of national and international economics and finance. Key Features: chapters are arranged within three main sections: Long-term sustainability; Measurement of the underlying budgetary position and discretionary fiscal policy; Reliability of fiscal indicators edited by Martin Larch and João Nogueira Martins expert contributors include António Afonso, Fabrizio Balassone, Fernando Ballabriga, Roy Barrell, Peter Brandner, Peter Claeys, Leopold Diebalek, Per Eckefeldt, Jonas Fischer, Daniele Franco, Jagadeesh Gokhale, Ian Hurst, Walpurga Köhler-Töglhofer, György Kopits, Martin Larch, Carlos Martinez-Mongay, James Mitchell, João Nogueira Martins, Jan in ’t Veld, Stefania Zotteri text amply supported by charts and tables. bibliography and Index

Reforming Fiscal Governance in the European Union

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498338283
Total Pages : 28 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Reforming Fiscal Governance in the European Union by : Michal Andrle

Download or read book Reforming Fiscal Governance in the European Union written by Michal Andrle and published by International Monetary Fund. This book was released on 2015-05-21 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Successive reforms have brought many positive elements to the European Union’s fiscal framework. But they have also increased its complexity. The current system involves an intricate set of fiscal constraints, which hampers effective monitoring and public communication. Compliance has also been weak. This note discusses medium-term reform options to simplify the framework and improve compliance. Based on model simulations and practical considerations, it argues for moving to a two-pillar approach, with a single fiscal anchor (public debt-to-GDP) and a single operational target (an expenditure growth rule, possibly with an explicit debt correction mechanism) linked to the anchor.

Fiscal Policy in an Estimated Open-economy Model for the Euro Area

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Author :
Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Fiscal Policy in an Estimated Open-economy Model for the Euro Area by : Marco Ratto

Download or read book Fiscal Policy in an Estimated Open-economy Model for the Euro Area written by Marco Ratto and published by . This book was released on 2006 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge: Introduction - 1. The Model - 2. Estimation - 3. Assessing the Role of Fiscal Policy - 4. Conclusion.

Monetary and Fiscal Policies in EMU

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Author :
Publisher : Cambridge University Press
ISBN 13 : 9780521832151
Total Pages : 376 pages
Book Rating : 4.8/5 (321 download)

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Book Synopsis Monetary and Fiscal Policies in EMU by : Marco Buti

Download or read book Monetary and Fiscal Policies in EMU written by Marco Buti and published by Cambridge University Press. This book was released on 2003-11-13 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading scholars and policy makers examine the challenges that are facing economic policies in the EMU today.

Fiscal Performance, Institutional Design and Decentralization in European Union Countries

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Author :
Publisher : International Monetary Fund
ISBN 13 : 146393646X
Total Pages : 32 pages
Book Rating : 4.4/5 (639 download)

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Book Synopsis Fiscal Performance, Institutional Design and Decentralization in European Union Countries by : Mr.Julio Escolano

Download or read book Fiscal Performance, Institutional Design and Decentralization in European Union Countries written by Mr.Julio Escolano and published by International Monetary Fund. This book was released on 2012-02-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the impact of decentralization on overall fiscal performance in the European Union, taking into account fiscal institutional arrangements. We find that spending decentralization has been associated with sizably better fiscal performance, especially when transfer dependency of subnational governments is low. However, subnational fiscal rules do not seem to be associated with better performance.

Fiscal Federalism in the European Union

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Author :
Publisher : Routledge
ISBN 13 : 1134632134
Total Pages : 429 pages
Book Rating : 4.1/5 (346 download)

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Book Synopsis Fiscal Federalism in the European Union by : Amedeo Fossati

Download or read book Fiscal Federalism in the European Union written by Amedeo Fossati and published by Routledge. This book was released on 2005-08-03 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: To what extent should local and regional governments in the European Union be allowed to determine their own fiscal policies? This book explores the core issues of fiscal federalism in the European context. It combines theoretical and empirical analysis in addressing such questions as: * what sort of fiscal federalism is appropriate in the European Community * what are the dangers of more centralization * what are the costs of greater decentralization

Fiscal Sovereignty of the Member States in an Internal Market

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Author :
Publisher : Kluwer Law International B.V.
ISBN 13 : 9041134034
Total Pages : 274 pages
Book Rating : 4.0/5 (411 download)

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Book Synopsis Fiscal Sovereignty of the Member States in an Internal Market by : Jacobus Johannes Maria Jansen

Download or read book Fiscal Sovereignty of the Member States in an Internal Market written by Jacobus Johannes Maria Jansen and published by Kluwer Law International B.V.. This book was released on 2011-01-01 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book deals with national sovereignty of Member States in tax matters, and the tensions created by the fact that the decisions by the European Court of Justice requires them to exercise consistently with the Community law. Contributions in the book cover a variety of critical issues, including the current and possible future effects of the internal market on the fiscal sovereignty of Member States; the limits that European law imposes on Member States' policy sovereignty in matters of international tax law; the effect of European law on taxes levied by local authorities; and the consequences the Treaty of Lisbon may have for Member States' fiscal sovereignty.

Fiscal Federalism and European Economic Integration

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Author :
Publisher : Routledge
ISBN 13 : 1134538758
Total Pages : 235 pages
Book Rating : 4.1/5 (345 download)

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Book Synopsis Fiscal Federalism and European Economic Integration by : Mark Baimbridge

Download or read book Fiscal Federalism and European Economic Integration written by Mark Baimbridge and published by Routledge. This book was released on 2005-06-28 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pace of economic integration amongst European Union (EU) member states has accelerated considerably during the past decade, highlighted by the process of Economic and Monetary Union (EMU). Many aspects of the EU's apparatus, however, have failed to evolve in order to meets these new challenges. This book explores the issue of fiscal federalism within the context of EU integration from theoretical, historical, policy and global perspectives. It contrasts the pace of integration amongst EU member states with the failure of financial and administrative apparatus to evolve to encompass fiscal federalism, i.e. the development of a centralised budgetary system. This impressive collection, with contributions from a range of internationally respected authors, shall interest students and researchers involved with European economics and economic integration. Its accessible style will also make it extremely useful to policy-makers and professionals for whom European economic integration is a daily topic of conversation.

Fiscal Federalism in the European Union and Its Countries

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Author :
Publisher : Peter Lang
ISBN 13 : 9789052010441
Total Pages : 244 pages
Book Rating : 4.0/5 (14 download)

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Book Synopsis Fiscal Federalism in the European Union and Its Countries by : Clément Vaneecloo

Download or read book Fiscal Federalism in the European Union and Its Countries written by Clément Vaneecloo and published by Peter Lang. This book was released on 2006 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book tackles a key issue for the European Union: Fiscal Federalism. It evaluates the applicability of this theoretical perspective for the EU. Conversely, it pinpoints ways in which the diversity of existing fiscal settings and organisations, both at national and European levels, can throw light on the theory. The study analyses two of the most important European policies: Cohesion Policy and the Stability and Growth Pact. It compares the episode of German Unification to the 2004 European Enlargement. It pioneers a cross-country analysis of the various national fiscal settings. Finally, it highlights the close links between the dynamics of decision-making related to the main budgetary choices and the integration process. The questions raised are crucial in the current context of economic and institutional uncertainty: How should we apprehend the Cohesion Policy, the main expression of European solidarity? How can the coordination of national fiscal policies be improved? How are European countries and their regions organised in fiscal and budgetary terms? What lessons can the EU draw from its own fiscal past and from that of its Member States? Over and above the originality of the answers provided by the authors, the book suggests that it would be difficult to take the integration process further without first clarifying what Europe can, should or wants to do.

Would the European Union benefit from a supranational fiscal policy?

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3346091392
Total Pages : 22 pages
Book Rating : 4.3/5 (46 download)

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Book Synopsis Would the European Union benefit from a supranational fiscal policy? by : Charlotte Hüser

Download or read book Would the European Union benefit from a supranational fiscal policy? written by Charlotte Hüser and published by GRIN Verlag. This book was released on 2020-01-07 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2017 in the subject Politics - Topic: European Union, grade: 1,3, Zeppelin University Friedrichshafen, course: Global Society and Integration, language: English, abstract: At least since the financial crisis, the European Union (EU) discusses about the introduction of common fiscal policies. A fiscal union, seen as a deeper integration of EU politics and economy, would have many advantages. Those would for example include a fairer distribution of funds, protection against macroeconomic shocks and the introduction of a concrete legal regulation for current supportive flows of money from the wealthy to the poorer states of the EU. However, there are also arguments against the fiscal union, among other things the possibility of moral hazard, as well as the fear of losing sovereignty to the EU and the distance between the citizens and the EU institutions due to lack of communication. It would have to be communicated to the citizens that a fiscal union, leading to a larger budget, would enable the EU to work more efficient and deal with its current problems.

The Political Economy of the European Union

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781957097
Total Pages : 216 pages
Book Rating : 4.9/5 (57 download)

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Book Synopsis The Political Economy of the European Union by : Gert Tinggaard Svendsen

Download or read book The Political Economy of the European Union written by Gert Tinggaard Svendsen and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Political Economy of Integration in the European Union has gained a well-deserved reputation as the key textbook in the area of European studies, economics and politics. This new and fully revised edition comprehensively surveys recent changes - such as the deepening and widening of European integration through eastward expansion and the Maastricht and Amsterdam Treaties - whilst continuing to offer a thorough overview of integration. The core material has been revised to ensure the best possible grounding in the political economy of the EU. Jeffrey Harrop presents an accessible account of European integration, including: * free trade, the customs union and the internal market * agriculture and fisheries * industrial and technological policies * regional and social problems and policies * monetary integration * fiscal policy: taxation and the EU budget * world-wide trading links * an in-depth discussion of EU enlargement, including the proposed integration of Central and East European countries * an assessment of energy, transport and environment policies * an overall view of the progress and possible future of the European Union. The book has been widely adopted for both specialist courses in economics as well as interdisciplinary courses in European studies. Teachers who are already using the book or who would like to consider it are invited to send for a 60-day examination copy of the third edition.

Designing a European Fiscal Union

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Author :
Publisher : Routledge
ISBN 13 : 9781315768793
Total Pages : 261 pages
Book Rating : 4.7/5 (687 download)

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Book Synopsis Designing a European Fiscal Union by : Carlo Cottarelli

Download or read book Designing a European Fiscal Union written by Carlo Cottarelli and published by Routledge. This book was released on 2014-11-13 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does the European Union need closer fiscal integration, and in particular a stronger fiscal centre, to become more resilient to economic shocks? This book looks at the experience of 13 federal states to help inform the heated debate on this issue. It analyses in detail their practices in devolving responsibilities from the subnational to the central level, compares them to those of the European Union, and draws lessons for a possible future fiscal union in Europe. More specifically, this book tries to answer three sets of questions: What is the role of centralized fiscal policies in federations, and hence the size, features and functions of the central budget? What institutional arrangements are used to coordinate fiscal policy between the federal and subnational levels? What are the links between federal and subnational debt, and how have subnational financing crises been handled, when they occurred? These policy questions are critical in many federations, and central to the current discussions about future paths for the European Union. This book brings to the table new, practical insights through a systematic and comprehensive comparison of the EU fiscal framework with that of federal states. It also departs from the decentralization perspective that has been prominent in the literature by focusing on the role of the centre (which responsibilities are centralized at the federal level and how they are handled, rather than which functions belong to the local level). Such an approach is particularly relevant for the European Union, where a fiscal union would imply granting new powers to the centre.

The Transition to EMU in the Maastricht Treaty

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Author :
Publisher :
ISBN 13 :
Total Pages : 86 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis The Transition to EMU in the Maastricht Treaty by : Lorenzo Bini Smaghi

Download or read book The Transition to EMU in the Maastricht Treaty written by Lorenzo Bini Smaghi and published by . This book was released on 1994 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The European Union and National Macroeconomic Policy

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Author :
Publisher : Psychology Press
ISBN 13 : 0415141966
Total Pages : 218 pages
Book Rating : 4.4/5 (151 download)

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Book Synopsis The European Union and National Macroeconomic Policy by : James Forder

Download or read book The European Union and National Macroeconomic Policy written by James Forder and published by Psychology Press. This book was released on 1998 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Union and National Macroeconomic Policy examines the way in which the European Union has affected autonomy in the macro-economic policy making of the member states.