EU fiscal rules and unsychronised eurozone economic policy
Izid: 2019 | Izid: 68 | Številka: 11 | Stran(i): 4-11
In this article, the prevailing doctrine on the reasons for the need for fiscal coordination among the eurozone countries and consequently the chosen or proposed instruments of coordination and its implementation is challenged. It is shown that such fiscal coordination disables the eurozone countries to appropriately respond to economic shocks and cycles, especially pronounced in peripheral/new eurozone countries. ..