Link to the University of Pittsburgh
Link to the University Library SystemContact us link
AEI Banner

Fiscal federalism in crisis: lessons for Europe from the US. Bruegel Policy Contribution 2010/07, July 2010

Darvas, Zsolt. (2010) Fiscal federalism in crisis: lessons for Europe from the US. Bruegel Policy Contribution 2010/07, July 2010. [Policy Paper]

[img]
Preview
 PDF
Download (350Kb) | Preview

    Abstract

    Drawing comparisons between the fiscal situation in the US and the European Union, Bruegel Research Fellow Zsolt Darvas answers three questions in this Policy Contribution- Why has the euro been hit so hard? How would a more federal European fiscal union closer to the US model have helped? How do the euro area’s fiscal architecture reform plans stand up in light of the US example? The author analyses why current fiscal reform proposals if implemented will result in improvements but implementation could be deficient or lack credibility and can lead to disputes and carry political risk.

    Export/Citation:EndNote | BibTeX | Dublin Core | ASCII (Chicago style) | HTML Citation | OpenURL
    Social Networking:
    Share |
    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > External relations > EU-US
    EU policies and themes > Policies & related activities > economic and financial affairs > fiscal policy
    EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on/reforms/economic governance
    EU policies and themes > Policies & related activities > economic and financial affairs > EMU/EMS/euro
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bruegel (Brussels) > Policy Contributions
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 12 Jul 2010
    Page Range: p. 16
    Last Modified: 15 Feb 2011 18:32
    URI: http://aei.pitt.edu/id/eprint/14328

    Actions (login required)

    		 View Item

    Document Downloads