"Fiscal policy and growth in the context of European integration"
(2000) "Fiscal policy and growth in the context of European integration". In National Bank of Belgium > How to Promote Economic Growth in the Euro Area, Brussels, May 11-12, 2000, pages 41, Brussels, Belgium.
Full text available as: |
Abstract
The paper considers the issue of whether a supranational fiscal policy in Europe is needed, and, if so what responsibilities it should undertake. The literature on endogenous growth and the principle of subsidiarity suggest that such a policy should be limited to externalities or economies of scale not captured at the national level. These may include spending on research and development and transportation or knowledge networks, and harmonization of social security designed to enhance labor mobility. EU-wide stabilization policy or enhanced EU redistribution does not seem justified, however.
| Item Type: | Conference Paper |
|---|---|
| Public Domain: | No |
| Refereed: | No |
| Status: | Published |
| Authors, Individual: | Masson, Paul |
| Title: | "Fiscal policy and growth in the context of European integration" |
| Language: | English |
| Conference: | National Bank of Belgium > How to Promote Economic Growth in the Euro Area, Brussels, May 11-12, 2000 |
| Pages: | 41 |
| Month: | May |
| Year: | 2000 |
| Subjects: | EU policies and themes > Policies & related activities > economic and financial affairs > fiscal policy |
| Keywords: | Endogenous growth. |
| Additional Information: | Also published as NBB Working Paper Nr. 7, May 2000 |
| Alternative Locations: | http://www.nbb.be/Sg/E/Publ/PDF/working/WP7.pdf |
| ID Code: | 627 |
| Deposited By: | Wilkin, Phil |
| Deposited On: | 23 June 2003 |
