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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/18702| Title: | Fiscal stabilisation and EMU |
| Keywords: | E63 E62 ddc:330 Finanzpolitik Konjunkturpolitik Europäische Wirtschafts- und Währungsunion Eingebauter Stabilisator Diskretionäre Politik Grossbritannien |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | This paper builds on the discussion paper published by HM Treasury in 2003 alongside the UK Government?s assessment of the case for EMU entry. The paper considers the potential for fiscal policy to play a greater role in stabilisation policy if the UK were inside EMU. The paper considers: the scope for strengthening the automatic stabilisers and the possible tradeoffs; how institutional changes could increase the effectiveness of discretionary fiscal policy; which fiscal instruments might be the most effective; and to what extent stabilisation might be promoted in other ways, such as through enhanced risk sharing by financial markets. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/18702 |
| Other Identifiers: | http://hdl.handle.net/10419/18702 ppn:477414346 |
| Appears in Collections: | EconStor |
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