首页    期刊浏览 2025年06月07日 星期六
登录注册

文章基本信息

  • 标题:Enhanced Fiscal Governance in the European Union: The Fiscal Compact
  • 作者:Merike Kukk ; Karsten Staehr
  • 期刊名称:Baltic Journal of European Studies
  • 印刷版ISSN:2228-0596
  • 出版年度:2015
  • 卷号:5
  • 期号:1
  • 页码:73-92
  • DOI:10.1515/bjes-2015-0006
  • 语种:English
  • 出版社:Walter de Gruyter GmbH
  • 摘要:Several reforms aiming to strengthen budgetary discipline in the European Union have been implemented since the outbreak of the European debt crisis. Arguably the most important one is the Fiscal Compact, which stipulates that each signatory country must enshrine in domestic legislation an upper limit on the structural budget deficit, that is, the deficit after cyclical and other temporary factors have been excluded. This paper analyses the contents of the Fiscal Compact and discusses challenges for its implementation and efficacy. The conclusion is that the Fiscal Compact may be challenging to implement and enforce because the rules are very complex and require complicated calculations that are subject to very large forecasting uncertainty. The Fiscal Compact could, however, lead to a stronger national commitment to fiscal prudence.
  • 关键词:cyclical adjustment ; European Union ; Fiscal Compact ; fiscal rules
联系我们|关于我们|网站声明
国家哲学社会科学文献中心版权所有