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Proceedings from the ECFIN Workshop "The budgetary implications of structural reforms" - Brussels, 2 December 2005 - S. Deroose, E. Flores and A. Turrini

Author(s): Edited by S. Deroose, E. Flores and A. Turrini (Directorate-General for Economic and Financial Affairs)

Proceedings from the ECFIN Workshop "The budgetary implications of structural reforms" - Brussels, 2 December 2005 - S. Deroose, E. Flores and A. Turrinipdf(2 MB) Choose translations of the previous link 

Most of the reforms discussed within the framework of the Lisbon strategy will benefit public finances in the long term. However, in the short-term, there could a trade-off between some structural reforms and budgetary discipline. This possible tension between reforms and fiscal discipline was identified by academic economists as a possible drawback of the Stability and Growth Pact since its inception.
(European Economy. Economic Papers. 248. May 2006. Brussels. 212pp. Tab. Free.)

KC-AI-06-248-EN-C (online)
ISBN 92-79-01189-8 (online)
ISSN 1725-3187

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