중동부유럽
연구정보
[경제] Numerical Compliance with EU Fiscal Rules: Facts and Figures from a New Database
중동부유럽 일반 국외연구자료 연구보고서 - Intereconomics 발간일 : 2023-01-17 등록일 : 2023-02-17 원문링크
EU fiscal rules are meant to keep public finances on a sustainable path. This paper presents a new database that tracks numerical compliance with the four main rules of the Stability and Growth Pact starting in 1998. Our assessment of numerical compliance abstracts from the many exceptions and elements of discretion allowed by the letter and the spirit of EU law. It focuses on the main course of action implied by the rules. Overall, our database points to a very mixed compliance record. On average – across countries, years and rules – budgetary policies of the EU member states are compliant in just over half of the cases with stark and persistent differences across countries. We also detect a distinct cyclical pattern of compliance, which sends false signals of safety in good times.
본 페이지에 등재된 자료는 운영기관(KIEP) 및 EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.
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