The Alert Mechanism in Case of Macroeconomic Imbalance in the EU Countries and its Effects
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F13%3A86088327" target="_blank" >RIV/61989100:27510/13:86088327 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The Alert Mechanism in Case of Macroeconomic Imbalance in the EU Countries and its Effects
Original language description
The fiscal profligacy of many EU members in the past has become a challenging test of resistance of the integration process. European Union only by exerting their political forces faced a risk if not the collapse of the Eurozone and the bankruptcy of at least some of its members. The ongoing "hunt" for indebted eurozone countries threatened its very existence and forced policymakers, but also central bankers to find hectic and under pressure accepted solutions. The lessons learned from the recent economic, financial and debt crisis have led to reforms of the EU's economic governance rules, introducing new surveillance systems for economic and in particular fiscal policies in member countries including timelines (called European Semester). One of the implemented treatments is the mechanism of warning indication of macroeconomic imbalances. This paper assesses the effects resulting from three years of therapy.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Medzinárodné vzťahy 2013 : aktuálne otázky svetovej ekonomiky a politiky : zborník príspevkov z 14. medzinárodnej vedeckej konferencie : Smolenice, December 5 – 6, 2013. 3. časť, M - Sta
ISBN
978-80-225-3802-2
ISSN
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e-ISSN
neuvedeno
Number of pages
10
Pages from-to
500-509
Publisher name
Ekonóm
Place of publication
Bratislava
Event location
Smolenice
Event date
Dec 5, 2013
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000363789300057