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The Euro and the Stability Pact

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NBER2005-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w11249
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This paper begins by discussing the inherent conflict between the simultaneous existence of a single currency for the countries of the European Economic and Monetary Union (EMU) and the independent fiscal policies of those countries. The Stability and Growth Pact was an attempt to reconcile that
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2005-04-01
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