Economic Policies Of The European Union – Concordance Or Discordance? Cover Image

Икономически политики на Европейския съюз – координираност или несъгласуваност?
Economic Policies Of The European Union – Concordance Or Discordance?

Author(s): Rosica Prodanova, Dimitar Kostov
Subject(s): Economy, Business Economy / Management
Published by: Стопанска академия »Д. А. Ценов«
Keywords: monetary and fiscal policy; coordination; anti-crisis policy; financial crises

Summary/Abstract: The series of severe global and regional crises of various nature in recent decades, as well as the erratic success of the various anti-crisis measures undertaken by the European Union raise the issue of examining the concordance among the Union's economic policies. This study examines the coordination between EU’s monetary and fiscal policy to reveal that it is weak, which can be attributed to some crisis resolution shortcomings. The reasons for this incoherence can be found both in the institutional structure of the European financial institutions and in some rigid strategies of the Union (unwillingness to pursue a common fiscal policy, frugal budget spending policies, etc.)

  • Issue Year: 2022
  • Issue No: 1
  • Page Range: 48-58
  • Page Count: 11
  • Language: Bulgarian