Centre for Economic Policy Research <London> - London
Strauch and J rgen von Hagen
The fiscal policy framework of EMU is in a state of crisis. Since
the start of EMU, fiscal ….
There is no shortage of proposals to reform the current fiscal
framework in this crisis situation. They range from calls for … causes of the problem and a failure to find the
economic policies that will solve it? Or is there simply a
lack of political …