Arestis, Philip; McCauley, Kevin; Sawyer, Malcolm C. - 2000
This paper proposes an alternative stability and growth pact among European Union (EU) governments that would underpin … disparities across the EU. The paper begins by critically examining the Stability and Growth Pact, which accompanied the … the introduction of a single currency and a "single market" within the EU. The alternative pact embraces a number of new …