{"id":4487,"date":"2012-09-18T16:24:27","date_gmt":"2012-09-18T14:24:27","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=4487"},"modified":"2012-09-18T16:36:47","modified_gmt":"2012-09-18T14:36:47","slug":"fiscal-rules-timing-is-everything","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/fiscal-rules-timing-is-everything\/","title":{"rendered":"Fiscal rules: Timing is everything"},"content":{"rendered":"<p><a href=\"http:\/\/www.bruegel.org\/scholars\/scholar-detail\/scholar\/120-benedicta-marzinotto\/\" target=\"_blank\">Marzinott\u03bf, \u0392enedicta,<\/a> <a href=\"http:\/\/www.bruegel.org\/scholars\/scholar-detail\/scholar\/7-andre-sapir\/\" target=\"_blank\">Sapir, Andr\u00e9<\/a>.<\/p>\n<p>The strengthening of the European Union\u2019s fiscal rules with the approval of the so-called \u2018six-pack\u2019, and the parallel worsening of economic conditions in Europe, re-opened the debate about the relationship between fiscal discipline and growth. Influential voices have argued against the EU\u2019s perceived obsession with fiscal discipline, which risks being self-defeating in bad times. However, EU fiscal rules are not as rigid as commonly thought, but represent a sophisticated system of surveillance and ex-post control that provides sufficient room for manoeuvre under exceptional circumstances.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>Bruegel<\/p>\n<p><a href=\"http:\/\/www.bruegel.org\/publications\/publication-detail\/publication\/749-fiscal-rules-timing-is-everything\/\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marzinott\u03bf, \u0392enedicta, Sapir, Andr\u00e9. The strengthening of the European Union\u2019s fiscal rules with the approval of the so-called \u2018six-pack\u2019, and the parallel worsening of economic conditions in Europe, re-opened the debate about the relationship between fiscal discipline and growth. Influential voices have argued against the EU\u2019s perceived obsession with fiscal discipline, which risks being self-defeating [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,37],"tags":[26,28,25],"class_list":["post-4487","post","type-post","status-publish","format-standard","hentry","category-18","category-37","tag-26","tag-28","tag-25"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/4487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=4487"}],"version-history":[{"count":3,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/4487\/revisions"}],"predecessor-version":[{"id":4489,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/4487\/revisions\/4489"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=4487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=4487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=4487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}