haku: @indexterm Expenditure / yhteensä: 189
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| Tekijä: | Brunila, A. |
| Otsikko: | Spending limits and fiscal discipline in euro area countries |
| Lehti: | Bank of Finland Bulletin
2002 : VOL. 76:1, p. 18-22 |
| Asiasana: | Expenditure Fiscal policy Euro |
| Kieli: | eng |
| Tiivistelmä: | Without an effective system of sanctions, credibility can be acheieved only via reputation building over a long period of time. Experiences with fiscal policy rules in different countries indicate that rules often turn out to be short-lived and thus ineffective in constraining expenditure growth or preventing deficits and expanding indebtness. |
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