Ulysses and Sirens: Constitutionalization of Budgetary Constraints in Europe
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11220%2F13%3A10192165" target="_blank" >RIV/00216208:11220/13:10192165 - isvavai.cz</a>
Result on the web
<a href="http://www.lawconference.sk/archiv/bpf_2013/sprava/files/zborniky/Session%20of%20Constitutional%20Law.pdf" target="_blank" >http://www.lawconference.sk/archiv/bpf_2013/sprava/files/zborniky/Session%20of%20Constitutional%20Law.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Ulysses and Sirens: Constitutionalization of Budgetary Constraints in Europe
Original language description
The so-called Fiscal Compact signed in March 2012 by 25 out of 27 EU member states requires the states to transpose the treaty's rules that limit the annual structural deficit and the general government debt "through provisions of binding force and permanent character, preferably constitutional" (Art. 3, §2). While the goal is set, the means are up to respective states, and thus an extraordinary wave of constitutional engineering has been triggered. This paper argues that possible solutions should be evaluated both from the perspective of their democratic legitimacy and from the perspective of their expected efficiency and economic performance. The paper advocates a solution which rather supports than replaces political process, a solution which combines a structural deficit based numerical fiscal rule with an independent fiscal council overseeing how the rule is fulfilled.
Czech name
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Czech description
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Classification
Type
O - Miscellaneous
CEP classification
AG - Legal sciences
OECD FORD branch
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Result continuities
Project
<a href="/en/project/GPP408%2F11%2FP366" target="_blank" >GPP408/11/P366: The Parliamentary Form of Government in the Czech Republic and the Possibilities for its Rationalisation</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů