Fiscal prerequisites for further monetary convergence in the EMS

The EMS was established as part of a comprehensive strategy to achieve economic stability throughout the EC, based on convergence through the elimination of regional disparities. To date, monetary convergence has been achieved but fiscal divergence remains a feature of Europe as sovereign states fol...

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Bibliographic Details
Main Author: L. BINI SMAGHI
Format: Article
Language:English
Published: Associazione Economia civile 2013-10-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10844