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Fiscal policy without a state in EMU? = Germany, the stability and growth pact and policy coordination /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Fiscal policy without a state in EMU?/ Jani Kaarlejèarvi.
Reminder of title:	Germany, the stability and growth pact and policy coordination /
Author:	Kaarlejèarvi, Jani,
Published:	Basingstoke, Hampshire [England] ;Palgrave Macmillan, : 2007.,
Description:	xv, 294 p. :ill. :
Notes:	Based on the author's doctoral dissertation at University of Sheffield in Britain.
Subject:	Fiscal policy - Germany. -
Subject:	Europe - Social conditions - 21st century. -
Online resource:	access to fulltext (Palgrave)
ISBN:	9780230590106

Fiscal policy without a state in EMU? = Germany, the stability and growth pact and policy coordination /
Kaarlejèarvi, Jani,1977-

Fiscal policy without a state in EMU?Germany, the stability and growth pact and policy coordination /[electronic resource] :Jani Kaarlejèarvi. - Basingstoke, Hampshire [England] ;Palgrave Macmillan,2007. - xv, 294 p. :ill.

Based on the author's doctoral dissertation at University of Sheffield in Britain.

Includes bibliographical references (p. 262-288) and index.

PART I: GERMANY, THE STABILITY AND GROWTH PACT AND POLICY COORDINATION ON THE POLITICAL AND ECONOMIC AGENDA IN EUROPE -- The Europeanisation of Fiscal Policy Coordination -- PART II: FISCAL POLICY COORDINATION UNDER THE STABILITY AND GROWTH PACT IN ECONOMIC AND MONETARY UNION -- The Institutional System of Fiscal Policy Coordination -- The German Dynamics of Uploading the Stability Pact -- Downloading the Stability Pactin Germany -- Reuploading Fiscal Policy Coordination in EMU -- PART III: GERMANY AND THE STABILITY AND GROWTH PACT: INSTITUTIONAL CAPACITY FOR EFFECTIVE FISCAL POLICY COORDINATION IN EMU -- Reviewing the Institutional System of Fiscal Policy Coordination -- Challenging the Existing Understanding of Europeanisation in the Study of Germany, the Stabilityand Growth Pact and Policy Coordination.

This book shows that, in the process of Europeanisation, national interests have had a major impact on the formation (uploading) of fiscal policy coordination. It also shows how European fiscalpolicy coordination has affected national fiscal policies and policy implementation (downloading) inEMU, and how changes in national interests have finally launched the reform process of the originalStability Pact (reuploading), a new phase of Europeanisation. The book demonstrates how the EMU process, originating in the Maastricht Treaty, created a new role for national economic policy with thetransfer of monetary authority to an independent European Central Bank. In these circumstances, thesecond element of economic policy - fiscal policy (including budgetary policy, public finances, taxation and employment policy) - has become a significantinstrument in effectively adapting national economies to cyclical global and European environments. However, the credibility of fiscal policycoordination under the Stability Pact has, to say the least, been controversial in EMU.

Electronic reproduction.
Basingstoke, England :
Palgrave Macmillan,
2009.

Mode of access:World Wide Web.

ISBN: 9780230590106

Standard No.: 10.1057/9780230590106doiSubjects--Topical Terms:

294418
Fiscal policy
--Germany.Subjects--Geographical Terms:

82638
Europe
--Social conditions--21st century.Index Terms--Genre/Form:

96803
Electronic books.

LC Class. No.: HJ1120.2 / .K33 2007eb

Dewey Class. No.: 339.5/20943

Fiscal policy without a state in EMU? = Germany, the stability and growth pact and policy coordination /
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245 1 0 $a Fiscal policy without a state in EMU? $h [electronic resource] : $b Germany, the stability and growth pact and policy coordination / $c Jani Kaarlejèarvi.
260 $a Basingstoke, Hampshire [England] ; $a New York : $c 2007. $b Palgrave Macmillan,
300 $a xv, 294 p. : $b ill.
500 $a Based on the author's doctoral dissertation at University of Sheffield in Britain.
504 $a Includes bibliographical references (p. 262-288) and index.
505 0 $a PART I: GERMANY, THE STABILITY AND GROWTH PACT AND POLICY COORDINATION ON THE POLITICAL AND ECONOMIC AGENDA IN EUROPE -- The Europeanisation of Fiscal Policy Coordination -- PART II: FISCAL POLICY COORDINATION UNDER THE STABILITY AND GROWTH PACT IN ECONOMIC AND MONETARY UNION -- The Institutional System of Fiscal Policy Coordination -- The German Dynamics of Uploading the Stability Pact -- Downloading the Stability Pactin Germany -- Reuploading Fiscal Policy Coordination in EMU -- PART III: GERMANY AND THE STABILITY AND GROWTH PACT: INSTITUTIONAL CAPACITY FOR EFFECTIVE FISCAL POLICY COORDINATION IN EMU -- Reviewing the Institutional System of Fiscal Policy Coordination -- Challenging the Existing Understanding of Europeanisation in the Study of Germany, the Stabilityand Growth Pact and Policy Coordination.
520 $a This book shows that, in the process of Europeanisation, national interests have had a major impact on the formation (uploading) of fiscal policy coordination. It also shows how European fiscalpolicy coordination has affected national fiscal policies and policy implementation (downloading) inEMU, and how changes in national interests have finally launched the reform process of the originalStability Pact (reuploading), a new phase of Europeanisation. The book demonstrates how the EMU process, originating in the Maastricht Treaty, created a new role for national economic policy with thetransfer of monetary authority to an independent European Central Bank. In these circumstances, thesecond element of economic policy - fiscal policy (including budgetary policy, public finances, taxation and employment policy) - has become a significantinstrument in effectively adapting national economies to cyclical global and European environments. However, the credibility of fiscal policycoordination under the Stability Pact has, to say the least, been controversial in EMU.
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