RT Journal Article
T1 Fiscal Policy in the European Monetary Union: How can Fiscal Discipline be Achieved?
A1 Diaz-Roldán, María del Carmen
A1 Montero-Soler, Alberto
K1 Política fiscal - Unión Europea
AB From the beginning, the success of the European Economic and Monetary Union (EMU)seems to rely on the benefits of the single currency, the higher degree of integration offinancial markets, and also on the sound public finances guaranteed by the set of fiscal rulesprovided by the EMU. When signing the Stability and Growth Pact, Member Statescommitted themselves to reach a medium-term budgetary position close to balance. The aimof this paper is to investigate how fiscal discipline would be achieved. In particular, we willanalyse the interaction among those EMU members showing a relatively high level of publicdebt and those that follow a strict fiscal discipline; paying special attention to the case of thenew Member States.
PB Wroclaw University of Economics and Business
SN 1233-5835
YR 2011
FD 2011
LK https://hdl.handle.net/10630/30148
UL https://hdl.handle.net/10630/30148
LA eng
NO Díaz-Roldán, Carmen & Montero Soler, Alberto. (2011). FISCAL POLICY IN THE EUROPEAN MONETARY UNION: HOW CAN FISCAL DISCIPLINE BE ACHIEVED?. Argumenta Oeconomica. 27. 5-14.
NO Este artículo recibió el premio al  Best Paper Award at the 4th International Conference Economic Challenges for theCEE Countries, Wrocław, 26-27.09.2011.Política de acceso abierto tomada de: https://v2.sherpa.ac.uk/id/publication/41746
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 20 ene 2026