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"Reforming the Stability and Growth Pact: Size and Influence in EMU Policymaking"

Chang, Michele. (2005) "Reforming the Stability and Growth Pact: Size and Influence in EMU Policymaking". In: UNSPECIFIED, Austin. (Unpublished)

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    Abstract

    The Stability and Growth Pact, originally designed to protect the integrity of monetary union based on price stability and fiscal discipline, has created a rift between states and institutions. Larger states like Germany and France have repeatedly violated the terms of the pact, while smaller states like the Netherlands and Austria have steadfastly defended it. This paper explores how size has affected the economic interests of the Eurozone countries and how these interests will translate into policy changes, taking into account the possibility of coalitions forming between states as well as across institutions, with the European Central Bank taking the position of the smaller states in defending the original pact.

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    Item Type: Conference or Workshop Item (UNSPECIFIED)
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > Stability and Growth Pact
    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
    Conference: European Union Studies Association (EUSA) > Biennial Conference > 2005 (9th), March 31-April 2, 2005
    Depositing User: Michele Chang
    Official EU Document: No
    Language: English
    Date Deposited: 20 Apr 2005
    Page Range: p. 31
    Last Modified: 15 Feb 2011 17:25
    URI: http://aei.pitt.edu/id/eprint/3159

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