EU fiscal rules and unsychronised eurozone economic policy

Dušan Mramor

Izid: 2019 | Izid: 68 | Številka: 11 | Stran(i): 4-11

ekonomska politika fiscal rules fiskalna politika unsynchronised eurozone economic policy

In this article, the prevailing doctrine on the reasons for the need for fiscal coordination among the eurozone countries and consequently the chosen or proposed instruments of coordination and its implementation is challenged. It is shown that such fiscal coordination disables the eurozone countries to appropriately respond to economic shocks and cycles, especially pronounced in peripheral/new eurozone countries. ..

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