Hagen, Jürgen von; Hallett, Andrew Hughes; Strauch, Rolf - Directorate-General Economic and Financial Affairs, … - 2001
There is a general consensus that monetary stability in Economic and Monetary Union (EMU) requires sustainable public … finances of the member states. But how can a sufficient degree of budgetary discipline be maintained in Stage three of EMU …; the anatomy of fiscal adjustment processes in the EMU member states during the 1990s; the quality of the budgetary …