Naslov
Impact of stability and growth pact on economic development of EU economies

Autori
Drezgić, Saša

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Aktualna financijska problematika / Srb, Vladimir ; Marković, Branimir - Osijek : MIT Press, 2007, 55-63

ISBN
978-953-253-027-8

Skup
Zbornik radova sa 6. znanstvene konferencije Katedri za financije ekonomskih fakulteta Hrvatske

Mjesto i datum
Osijek, Hrvatska, 2007

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Domaća recenzija

Ključne riječi
Stability and Growth Pact; EU; economic growth; public capital; Croatia

Sažetak
Recent studies suggest that fiscal rules set in the Treaty of Maastricht and the Stability and Growth Pact may induce negative effects on economic growth of the EU economies. First of all, these rules are considered as excessively binding constraint for appropriate counter-cyclical action and could cause more rapid slowdown in case of recession. There is also a possibility of permanent reduction of the public sector's contribution to the capital accumulation. Based on experiences of the EU economies, some lessons can be drawn for the Croatian economic policy.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA