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Flawed Fiscal and Stimulus Plans: A World Beyond ECB

In: Off the Target

Author

Listed:
  • Muhammad Ali Nasir

    (University of Huddersfield
    Research Fellow at University of Cambridge)

Abstract

While the Global Financial CrisisGlobal Financial Crisis reshaped the functioning of the Economic and Monetary Union of the European Union and European Central Bank, it also affected the fiscal side and the other intuitions and pillars of the Union, including the European CommissionEuropean Commission. Monetary policy on its own has not and shall never be enough to deliver the mandate of mere price stability never mind the stability of macroeconomy and financial system. Therefore, it was obvious that sooner or later the fiscal policy and the public policy will have to play their parts.

Suggested Citation

  • Muhammad Ali Nasir, 2022. "Flawed Fiscal and Stimulus Plans: A World Beyond ECB," Springer Books, in: Off the Target, chapter 0, pages 123-145, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-88185-6_4
    DOI: 10.1007/978-3-030-88185-6_4
    as

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