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

Maastricht 2.0 - Proposed reform of EU sovereign debt rules. Policy Brief #2012/05

Petersen, Thieß and Böhmer, Michael and Weisser, Johannes (2012) Maastricht 2.0 - Proposed reform of EU sovereign debt rules. Policy Brief #2012/05. [Policy Paper]

[img] PDF - Published Version
Download (374Kb)


    The European Union’s regulations governing sovereign debt are based on the principle of equal treatment of all member states. The recommendations we make here concerning changes in European Union sovereign-debt reduction rules take account of national particularities, but are by no means arbitrary in nature. According to the calculations we present here, such reformed regulations would do far more to promote economic growth than would be the case under the Fiscal Compact’s European debt brake. By 2030, real gains in growth will amount to more than 450 billion euros more than the outcome that would presumably be obtained under the European debt brake.

    Export/Citation:EndNote | BibTeX | Dublin Core | ASCII (Chicago style) | HTML Citation | OpenURL
    Social Networking:
    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > External relations > international economy
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bertelsmann Stiftung/Foundation (Gutersloh, Germany) > Policy Brief
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 02 Apr 2016 16:16
    Number of Pages: 8
    Last Modified: 29 Nov 2016 11:14

    Actions (login required)

    View Item

    Document Downloads