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تجربة الاتحاد النقدي الأوروبي في مجال التنسيق بين السياستين المالية والنقدية
[The Experience of the European Monetary Union in the Coordination of Monetary and Fiscal Policies]

Author

Listed:
  • Kamal, Mona

Abstract

This study presents the experience of the European Monetary Union (EMU) countries as an example for external coordination of fiscal and monetary policies under a fixed exchange rate regime. The Euro area is considered as a unique example since the coordination of the policies is achieved through an independent European Central Bank and the fiscal authorities of the member countries. This study reviews the coordinating arrangements and the mechanism required for the effectiveness of policy coordination.

Suggested Citation

  • Kamal, Mona, 2010. "تجربة الاتحاد النقدي الأوروبي في مجال التنسيق بين السياستين المالية والنقدية [The Experience of the European Monetary Union in the Coordination of Monetary and Fiscal Policies]," MPRA Paper 27764, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:27764
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    The coordination of monetary and fiscal policies; the European Monetary Union(EMU);

    JEL classification:

    • E0 - Macroeconomics and Monetary Economics - - General
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

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