Who Governs Public Finance in Europe?
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Abstract
In this essay the author illustrates the main traits of the European Union's new institutional model. In particular, by focusing on the management tools of new economic governance, he strives to analyse the impact of the reform on national constitutional systems. Furthermore, the paper sets out a number of dilemmas the EU has had to face since the outset of the economic slump and the public debt crisis.
Keywords
- New Economic Governance
- Stability and Growth Pact
- Public Debt Crisis
- Financial Stabilization Mechanisms
