Essec\Faculty\Model\Contribution {#2233
  #_index: "academ_contributions"
  #_id: "4617"
  #_source: array:26 [
    "id" => "4617"
    "slug" => "fiscal-coordination-in-the-emu-a-theoretical-and-policy-perspective"
    "yearMonth" => "1998-05"
    "year" => "1998"
    "title" => "Fiscal Coordination in the EMU: A Theoretical and Policy Perspective"
    "description" => "FOURÇANS, A. et VRANCEANU, R. (1998). Fiscal Coordination in the EMU: A Theoretical and Policy Perspective. Dans: <i>The Global Economy at the Turn of the Century</i>.  pp. 363-380."
    "authors" => array:2 [
      0 => array:3 [
        "name" => "FOURÇANS André"
        "bid" => "B00000199"
        "slug" => "fourcans-andre"
      ]
      1 => array:3 [
        "name" => "VRANCEANU Radu"
        "bid" => "B00000524"
        "slug" => "vranceanu-radu"
      ]
    ]
    "ouvrage" => "The Global Economy at the Turn of the Century"
    "keywords" => []
    "updatedAt" => "2021-04-19 17:57:25"
    "publicationUrl" => null
    "publicationInfo" => array:3 [
      "pages" => "363-380"
      "volume" => null
      "number" => null
    ]
    "type" => array:2 [
      "fr" => "Actes d'une conférence"
      "en" => "Conference Proceedings"
    ]
    "support_type" => array:2 [
      "fr" => null
      "en" => null
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "Cet article étudie le problème de la coordination fiscale dans la future Union Monétaire Européenne. Des politiques fiscales non coordonnées pourraient conduire à des déficits budgétaires excessifs par rapport à une situation où un organisme supranational choisit de manière optimale les dépenses publiques. Un mécanisme type "Pacte de Stabilité" s'avère alors un outil efficace et pragmatique pour améliorer la gestion budgétaire."
      "en" => "This paper provides an analysis of the controversial issue of fiscal coordination in the future European Monetary Union, from both a theoretical and policy point of view. It is argued that fiscal coordination is efficient, in particular if governments care about deficits. Authentic coordination would be carried on by a federal government managing a centralized budget. Alternatively, a coordination-like outcome may be achieved by establishing correct deficit targets to sovereign governments. The pragmatic solution when the economic structure of the European Union is not well known consists in assessing upper and lower bounds for deficits. The model emphasizes the positive role of the Stability and Growth Pact."
    ]
    "authors_fields" => array:2 [
      "fr" => "Economie"
      "en" => "Economics"
    ]
    "indexedAt" => "2024-12-21T15:21:45.000Z"
    "docTitle" => "Fiscal Coordination in the EMU: A Theoretical and Policy Perspective"
    "docSurtitle" => "Actes d'une conférence"
    "authorNames" => "<a href="/cv/fourcans-andre">FOURÇANS André</a>, <a href="/cv/vranceanu-radu">VRANCEANU Radu</a>"
    "docDescription" => "<span class="document-property-authors">FOURÇANS André, VRANCEANU Radu</span><br><span class="document-property-authors_fields">Economie</span> | <span class="document-property-year">1998</span>"
    "keywordList" => ""
    "docPreview" => "<b>Fiscal Coordination in the EMU: A Theoretical and Policy Perspective</b><br><span>1998-05 | Actes d'une conférence </span>"
    "docType" => "research"
    "publicationLink" => "<a href="#" target="_blank">Fiscal Coordination in the EMU: A Theoretical and Policy Perspective</a>"
  ]
  +lang: "fr"
  +"_type": "_doc"
  +"_score": 8.83707
  +"parent": null
}