Specificity of Fiscal Policy in the Monetary Union

Specificity of Fiscal Policy in the Monetary Union

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The condition of the optimal currency area as a theoretical basis of the monetary integration considers the harmonization of the fiscal and monetary policy crucial in achieving the efficient functioning of the monetary union. The issue of sustainability of the monetary union without fiscal union re...

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Bibliographic Details
Main Author: Branka Topić-Pavković
Format: Article
Language:English
Published: University of Banja Luka, Faculty of Economics 2018-10-01
Series:Acta Economica
Subjects:
monetary integration
fiscal policy
convergence criteria
budget
public debt
fiscal discipline
Online Access:http://ae.ef.unibl.org/index.php/AE/article/view/360

Internet

http://ae.ef.unibl.org/index.php/AE/article/view/360

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