Better Fiscal Rules for a More Integrated EMU

Abstract The COVID-19 pandemic and the pressure it has created on member states’ public finances have led European authorities to suspend the EU’s fiscal rules. In fact, these rules had long been criticised by academics and had only been abided by exceptionally. Beyond the rules themselves, the less...

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Main Authors: Pierre Jaillet, Christian Pfister
Format: Article
Language:English
Published: Springer 2022-12-01
Series:Intereconomics
Online Access:https://doi.org/10.1007/s10272-022-1091-0
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author Pierre Jaillet
Christian Pfister
author_facet Pierre Jaillet
Christian Pfister
author_sort Pierre Jaillet
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description Abstract The COVID-19 pandemic and the pressure it has created on member states’ public finances have led European authorities to suspend the EU’s fiscal rules. In fact, these rules had long been criticised by academics and had only been abided by exceptionally. Beyond the rules themselves, the lessons one can draw from the past 20 years also give good reason to revise the EU overall coordination framework.
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spelling doaj-art-1ac775222b1349ec9945708112f16e172025-01-17T08:34:13ZengSpringerIntereconomics1613-964X2022-12-0157637738310.1007/s10272-022-1091-0Better Fiscal Rules for a More Integrated EMUPierre Jaillet0Christian Pfister1des relations internationales et stratégiques (IRIS), Jacques Delors Institute and InstitutScience PoAbstract The COVID-19 pandemic and the pressure it has created on member states’ public finances have led European authorities to suspend the EU’s fiscal rules. In fact, these rules had long been criticised by academics and had only been abided by exceptionally. Beyond the rules themselves, the lessons one can draw from the past 20 years also give good reason to revise the EU overall coordination framework.https://doi.org/10.1007/s10272-022-1091-0
spellingShingle Pierre Jaillet
Christian Pfister
Better Fiscal Rules for a More Integrated EMU
Intereconomics
title Better Fiscal Rules for a More Integrated EMU
title_full Better Fiscal Rules for a More Integrated EMU
title_fullStr Better Fiscal Rules for a More Integrated EMU
title_full_unstemmed Better Fiscal Rules for a More Integrated EMU
title_short Better Fiscal Rules for a More Integrated EMU
title_sort better fiscal rules for a more integrated emu
url https://doi.org/10.1007/s10272-022-1091-0
work_keys_str_mv AT pierrejaillet betterfiscalrulesforamoreintegratedemu
AT christianpfister betterfiscalrulesforamoreintegratedemu