The debate on fiscal consolidation is dominated by controversies about the negative impact of consolidation on growth …. This contribution shortly summarizes the discussion about links between fiscal consolidation and growth. In addition …, common advice that is derived from arguments about the detrimental impact of consolidation on growth, is analyzed. We argue …

within national bounds. Under the stability and growth pact, the EU summit in Amsterdam in 1997 finally accepted the …

Stability and Growth Pact by addressing the problem of economic governance in the EMU with a game-theoretic principal …

Economic growth is projected to be strengthening from mid-2011 onwards, but will be insufficient to restore the … increased. This will require cuts in public spending, improving efficiency of policies, containing the growth of ageing …-related costs and making the tax system more conducive to growth. While past experiences, such as in the 1990s, have shown that …

uncertainties, distributional struggles and weak world economic growth. What kind of institutional rules for the budget process are …

difficulty, which made a new reform of the Stability and Growth Pact inevitable. Above all, this most recent reform introduces an …

the Stability and Growth Pact. The steep ascent was driven by high expectations which, with the passing of time, were only …