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Tying hands is not commitment: can fiscal rules and institutions really enhance fiscal discipline?
31st December 2006
Visiting Bruegel Scholar, Xavier Debrun, discusses the role of fiscal institutions, including budget rules and non-partisan agencies, in enhancing fiscal discipline. -
The EU and the governance of globalisation
31st August 2006
Alan Ahearne, Jean Pisani-Ferry, André Sapir and Nicolas Véron contributed this paper to the project "Globalisation challenges for Europe and Finland" organised for the secretariat of…
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European perspectives on global imbalances
31st August 2006
Alan Ahearne and Jürgen von Hagen explore the options European policy makers have in the context of global current account imbalances. Some Europeans are concerned…
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Fiscal policy in EMU: towards a sustainability and growth pact
30th November 2005
The goal of this working paper is to take stock of the discussions on the fiscal institutions of EMU, to confront the framework in place to what is known of the desirable properties of fiscal policy in a monetary union, and to discuss possible improvements.
