Book Details

The Stability and Growth Pact

Publication year: 2007

ISBN: 978-3-211-49307-6

Internet Resource: Please Login to download book


The call for a reform got momentum since many Member States of the euro area broke the regulations of the pact at least once. The reform of the SGP succeeded in 2005.Renowned lawyers and economists from all over Europe present their views about the legal and economic foundations of the SGP and its performance so far. The major part of the book deals with the economic problems with the pact, its theoretical basis, possible improvements and the implications of the reformed SGP. The book has the advantage not only to report and analyze the experiences with the old SGP but it offers also a first ex ante assessment of the future aspects of the reformed SGP.


Subject: Business and Economics, European Currency, European integration, SGP, monetary policy