Kingdom of the Netherlands-Netherlands : Selected Issues-Cyclically Advanced Euro-Area Economies: Consequences and Policy Options

Selected Issues-Cyclically Advanced Euro-Area Economies: Consequences and Policy Options

Kingdom of the Netherlands-Netherlands : Selected Issues-Cyclically Advanced Euro-Area Economies: Consequences and Policy Options
Although the advent of the single currency has generated many advantages for the smaller economies of the euro area, it has raised the possibility that both the amplitude and the duration of cycles in these countries will prove greater than in the past. In the absence of country-specific monetary instruments, discretionary fiscal policy is the... READ MORE...

Publication date: July 2001
ISBN 9781451829433
$15.00

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