Short-Term Pain for Long-Term Gain The Impact of Structural Reform on Fiscal of Outcomes in EMU

The 2005 reform of the EU Stability and Growth Pact has provided leeway for governments to let their fiscal deficit temporarily breach the 3% rule to finance the immediate budgetary cost of structural reform, such as compensation schemes to offset redistributive effects. Against this backdrop, it is...

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Bibliographic Details
Main Author: van den Noord, Paul (-)
Other Authors: Cournède, Boris
Format: eBook Section
Language:Inglés
Published: Paris : OECD Publishing 2006.
Series:OECD Economics Department Working Papers, no.522.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706125906719

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