Institutions for Fiscal strongStabilitystrong - ies.berkeley.edu.pdfVIP

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Institutions for Fiscal strongStabilitystrong - ies.berkeley.edu.pdf

Working Paper PEIF-6 Institutions for Fiscal Stability (Prepared for the Munich Economic Summit, 2-3 May 2003) by Barry Eichengreen May 3, 2003 Abstract This paper reviews the controversy over Europe’s Stability and Growth Pact and offers a proposal for its reform. It argues that Europe would be best served by focusing

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