Mathieu, Catherine; Sterdyniak, Henri - Centre de recherche en Économie (OFCE), Sciences … - 2007
the rules set out by the Treaties (the
ECB, the Stability and Growth Pact) have been unable to tackle these divergences … reduced the need for
domestic fiscal policies and the conduct of short-tem economic policy could have been
handed over … countries in
different situations and seems to have widened growth disparities among Member States. The
launch of the single …