Fiscal Framework Changes in European Monetary Union Before and After Sovereign Debt Crisis (Global Financial Crisis and Its Ramifications on Capital Markets Opportunities and Threats in Volatile Economic Conditions)
Yazarlar (1)
Doç. Dr. Hale KIRMIZIOĞLU Kırşehir Ahi Evran Üniversitesi, Türkiye
Bölüm Adı Fiscal Framework Changes in European Monetary Union Before and After Sovereign Debt Crisis
Kitap Adı Global Financial Crisis and Its Ramifications on Capital Markets Opportunities and Threats in Volatile Economic Conditions
Bölüm Sayfaları 79-94
Kitap Türü Kitap Bölümü
Kitap Alt Türü Alanında uluslararası yayınlanan kitap bölümü
Kitap Niteliği Scopus indeksinde taranan bilimsel kitap
Kitap Dili İngilizce Basım Tarihi 01-2017
DOI Numarası 10.1007/978-3-319-47021-4_7 ISBN 978-3-319-47020-7
Basıldığı Ülke İsviçre Basıldığı Şehir
Kitap Linki https://link.springer.com/book/10.10072F978-3-319-47021-4
Özet
The most important element holding possibility to destroy stability in monetary unions is fiscal policies left under monopoly of countries. There have been debt and public finance policies conducted by member states causing sovereign debt crisis triggered by Global Crunch in Eurozone. Therefore, fiscal framework of European Monetary Union is examined in the study. Fiscal rules adopted by Treaty of Maastricht being the founding charter of European Union and additional measures taken due to hinder experienced are assessed besides theoretical foundations of fiscal policies recommended for Monetary Unions. During analysis of the process, it is remarkable that both such rules and measures taken afterwards have followed each other however, that radical changes have not actually occurred. Only restrictions to national policies have been used instead of common policies in the fiscal field to prevent Eurozone …
Anahtar Kelimeler
BM Sürdürülebilir Kalkınma Amaçları
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Fiscal Framework Changes in European Monetary Union Before and After Sovereign Debt Crisis

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