How has the macro-economic imbalances procedure worked in practice to improve the resilience of the euro area?
This paper shows how the Macroeconomic Imbalances Procedure (MIP) could be streamlined and its underlying conceptual framework clarified. Implementation of the country-specific recommendations is low; their internal consistency is sometimes missing; despite past reforms, the MIP remains largely a country-by-country approach running the risk of aggravating the deflationary bias in the euro area. We recommend to streamline the scoreboard around a few meaningful indicators, involve national macro-prudential and productivity councils, better connect the various recommendations, simplify the language and further involve the Commission into national policy discussions.
Staidéar
Údar seachtarach
Agnès BÉNASSY-QUÉRÉ, Guntram WOLFF
Maidir leis an doiciméad seo
Saghas foilseacháin
Réimse beartas
Eochairfhocal
- AIRGEADAS
- an limistéar euro
- AN tAONTAS EORPACH
- anailís eacnamaíoch
- aontas eacnamaíoch agus airgeadaíochta
- beartas an Aontais Eorpaigh - beartas náisiúnta
- beartas eacnamaíoch
- caidreamh airgeadaíochta
- cobhsaíocht airgeadais
- Coiste Pharlaimint na hEorpa
- doiciméadacht
- díbhoilsciú
- EACNAMAÍOCHT
- eacnamaíocht airgeadaíochta
- institiúidí an AE agus an tseirbhís shibhialta Eorpach
- maicreacnamaíocht
- OIDEACHAS AGUS CUMARSÁID
- riosca airgeadais
- saorghluaiseacht chaipitil
- tuarascáil taighde
- tógáil Eorpach