Afonso, António (contributor); Claeys, Peter (contributor) - 2007
conditions worsen but cause a ‘ratcheting up’ in the size of government in economic booms. The Stability and Growth Pact has not …, there was a breach of the 3% deficit limit in
several other EU countries. A revised version of the Stability and Growth … imbalances in the EU
The fiscal framework of EMU has been considered a means for implementing fiscal
consolidation. However …