The quality of public finances and economic growth/

Improving the quality of public finances (QPF) has become a new focus for European policy makers. This focus is largely a response to preparing the European economies for the dual challenge of ageing populations and increased exposure to global competition. At the EU level, the Stability and Growth...

Πλήρης περιγραφή

Κύριος συγγραφέας: Barrios, Salvador.
Corporate συγγραφέας: European Commission : Directorate-General for Economic and Financial Affairs.
Άλλοι συγγραφείς: Schaechter, Andrea.
Μορφή: Βιβλίο
Γλώσσα: English
Στοιχεία έκδοσης: Brussels: Office for Infrastructure and Logistics in Brussels, 2008.
Σειρά: European Economy. Economic papers ; 337.
Διαθέσιμο Online: http://ec.europa.eu/economy_finance/publications/publication_summary13103_en.htm
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Περίληψη: Improving the quality of public finances (QPF) has become a new focus for European policy makers. This focus is largely a response to preparing the European economies for the dual challenge of ageing populations and increased exposure to global competition. At the EU level, the Stability and Growth Pact and the Lisbon Strategy for Growth and Jobs provide, in principle, the appropriate tools for fostering a greater role of QPF in fiscal surveillance but this has not yet fully materialised in practice. This is partly because a broad-based conceptual framework on what makes up QPF has been missing. This paper attempts to close this gap by developing a multi-dimensional approach on QPF. Moreover, it reviews how EU Member States fare in each dimension and summarises empirical findings on the links between QPF and growth, including through a growth-accounting approach using discriminant analysis.
Φυσική περιγραφή: 56 σ.: διαγ. πιν. 30 εκ.
ISBN: 9789279082627
ISSN: 1016-8060 (print)
1725-3187 (online)
Σχετικά τεκμήρια: Economic Papers.