LEADER 03532oam 22008654 450 001 9910788414203321 005 20230828232643.0 010 $a1-4623-3467-9 010 $a1-4527-8142-7 010 $a1-283-51141-X 010 $a1-4519-0910-1 010 $a9786613823861 035 $a(CKB)3360000000443381 035 $a(EBL)3014329 035 $a(SSID)ssj0000940738 035 $a(PQKBManifestationID)11495546 035 $a(PQKBTitleCode)TC0000940738 035 $a(PQKBWorkID)10956077 035 $a(PQKB)11732937 035 $a(OCoLC)712989244 035 $a(MiAaPQ)EBC3014329 035 $a(IMF)WPIEE2006116 035 $a(EXLCZ)993360000000443381 100 $a20020129d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aEnforcement and the Stability and Growth Pact : $eHow Fiscal Policy Did and Did Not Change Under Europe?s Fiscal Framework /$fAnthony Annett 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (34 p.) 225 1 $aIMF Working Papers 300 $a"May 2006." 311 $a1-4518-6376-4 320 $aIncludes bibliographical references. 327 $a""Contents""; ""I. INTRODUCTION""; ""II. THE POLITICAL ECONOMY OF FISCAL FRAMEWORKS""; ""III. DEVELOPMENTS UNDER THE FISCAL FRAMEWORK""; ""IV. EXPLAINING DIVERGENT COUNTRY EXPERIENCES: EMPIRICAL RESULTS""; ""V. CONCLUSION""; ""REFERENCES"" 330 3 $aThe Stability and Growth Pact has been a success in numerous EU countries, especially in guiding them toward underlying fiscal balance ahead of population aging. These countries tend to be smaller, subject to greater macroeconomic volatility, and reliant on a form of fiscal governance that emphasizes targets and contracts. Most of the new members share these characteristics. For the countries less compatible with the Pact, domestic governance reforms that increase the reputational costs for noncompliance can be useful complements to the fiscal framework. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/116 606 $aFiscal policy$zEuropean Union countries$xEconometric models 606 $aMonetary unions$zEuropean Union countries$xEconometric models 606 $aMacroeconomics$2imf 606 $aPublic Finance$2imf 606 $aProduction and Operations Management$2imf 606 $aFiscal Policy$2imf 606 $aMacroeconomics: Production$2imf 606 $aFiscal policy$2imf 606 $aFiscal governance$2imf 606 $aFiscal stance$2imf 606 $aOutput gap$2imf 606 $aFiscal rules$2imf 606 $aProduction$2imf 606 $aEconomic theory$2imf 607 $aBelgium$2imf 615 0$aFiscal policy$xEconometric models. 615 0$aMonetary unions$xEconometric models. 615 7$aMacroeconomics 615 7$aPublic Finance 615 7$aProduction and Operations Management 615 7$aFiscal Policy 615 7$aMacroeconomics: Production 615 7$aFiscal policy 615 7$aFiscal governance 615 7$aFiscal stance 615 7$aOutput gap 615 7$aFiscal rules 615 7$aProduction 615 7$aEconomic theory 700 $aAnnett$b Anthony$01546581 712 02$aInternational Monetary Fund.$bEuropean Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788414203321 996 $aEnforcement and the Stability and Growth Pact$93802278 997 $aUNINA