Europe's fiscal credibility problem

Authors
Publication date 01-07-2011
Publisher VoxEU
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
Abstract Fiscal policy in EU countries is suffering from a calamity of credibility. The fiscal figures get steadily worse as governments move from planning to implementation to retrospective reporting. In order to regain its reputation, this column argues that the EU should improve its fiscal institutions and the EU countries should take more ownership of EU fiscal rules.
Document type Web publication or website
Language English
Published at https://cepr.org/voxeu/columns/europes-fiscal-policy-credibility-problem
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