Elastyczność polityki fiskalnej w unii walutowej

• Autorzy: Paweł Młodkowski

Warianty tytułu

Fiscal policy flexibility in a currency union

• Języki publikacji: PL

Abstrakty

W artykule podjęto próbę stworzenia metody oceny kryteriów konwergencji fiskalnej wraz z syntetycznym wskaźnikiem stopnia elastyczności polityki fiskalnej w warunkach istnienia ograniczeń i wymogów dla władz publicznych. Omówiono poglądy teoretyczne w zakresie oceny kryteriów konwergencji fiskalnej oraz warunków trwałości i integralności unii walutowej. Wskazano teoretyczne konsekwencje dla polityki budżetowej wprowadzenia nadzoru wielostronnego opartego na kryteriach konwergencji fiskalnej. Zaprezentowano doświadczenia pozaeuropejskich unii monetarnych (ZUM, ŚUM i WUM).

EN

The discussion of the need to formally coordinate fiscal policies in monetary union member countries lacks a framework to assess the feasibility of different limits and requirements imposed on public finance at the member-country level. The main argument raised by opponents to a multilateral supervision is that it allows for no flexibility in conducting fiscal policy. A lack of this flexibility makes a response to asymmetric shocks impossible and increases differences in business cycle phases among monetary union member countries. This paper offers a framework to assess and compare fiscal policy flexibility under a variety of different fiscal constraints and their levels. (original abstract)

Słowa kluczowe

PL

Integracja monetarna; Konwergencja; Konwergencja systemów finansowych; Polityka budżetowa

EN

Monetary integration; Convergence; Convergence of financial systems; Budgetary policy

• Czasopismo: Folia Oeconomica Cracoviensia
• Rocznik: 2007
• Tom: 48
• Strony: 25--46

Twórcy

autor

Paweł Młodkowski

• Wyższa Szkoła Biznesu - National Louis University

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