Fiscal policy in monetary unions: some critical issues
Bruno Cacciavillani
Abstract
Bruno Cacciavillani
Abstract
The theory of optimal currency area. OCA theory and economic and monetary union. From the treaty of Maastricht to the stability and growth pact. The reform process of the eurozone’s fiscal framework. Completing Europe’s economic and monetary union.
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The theory of optimal currency area. OCA theory and economic and monetary union. From the treaty of Maastricht to the stability and growth pact. The reform process of the eurozone’s fiscal framework. Completing Europe’s economic and monetary union.
Key concepts: Maastricht Treaty, Stability and Growth Pact, Economic and monetary union, Fiscal union, Economics, Optimum currency area, Fiscal policy, Currency