Sustainability of Public Finances

by Jürgen von Hagen, Roberto Perotti, Rolf Strauch

A basic tenet in the move to European Monetary Union in that monetary stability requires the 'sustainability' of public finances. This report fills an important void in the economic policy framework of EMU by developing a practical and effective concept of sustainability that focuses on the controllability of public finances.

• Format: Paperback
• Language: English
• ISBN: 1898128359
• ISBN13: 9781898128359
• Release Date: January 1998
• Publisher: Centre for Economic Policy Research
• Length: 67 Pages