Implementing the Stability and Growth Pact: Enforcement and Procedural Flexibility

Topics:
Budgeting,
Import Export,
World Bank
Tags:
Benefits,
Flexibility,
Human Resources,
IMF
Source:
International Monetary Fund

FREE Registration is required

Overview: The paper analyzes some key policy trade-offs involved in the implementation of the Stability and Growth Pact. Greater "procedural" flexibility in the Pact's implementation may improve welfare. Procedural flexibility designates the enforcer's room to apply judgment on underlying policies and to set a consolidation path that does not discourage high-quality measures. Budgetary opaqueness may hinder the qualitative assessment of fiscal policy; therefore, better monitoring and greater transparency would increase the benefits from procedural flexibility.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 482KB | Date: Mar 2005 | Pages: 35

People who downloaded this item also downloaded

White Paper Making Change Work
White Paper How To Win At Leading Change
White Paper Strategy - Competitive Advantage
White Paper Five Competitive Forces That Shape Strategy
White Paper Transformational Leadership: A Response to Limitations in Conventional Information Systems Evaluation

Top results from Import Export

White Paper The Scoop on the New CCNA and CCNP Specializations
White Paper Coming Home To Roost Proliferating Antidumping Laws And The Growing Threat To U.S. Exports
White Paper America’s Record Trade Deficit: A Symbol Of Economic Strength
White Paper Nailing The Homeowner: The Economic Impact Of Trade Protection Of The Softwood Lumber Industry
White Paper Rethinking The Export-Import Bank

» View all Import Export listings

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).