Fiscal Rules Limits on Governmental Deficits and Debt 1st Edition by Fred L Morrison ISBN 3319412035 978-3319412030

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Product details:

ISBN 10: 3319412035 

ISBN 13: 978-3319412030 

Author: Fred L. Morrison

 This book examines legal limitations on government deficit and debt and its impact on the ability of nations to provide services to their residents. It studies constitutional and statutory limitations, as well as those imposed by international treaties and other instruments, including those of both the European Union and the International Monetary Fund. The book contains a general report examining the fiscal rules that govern the budgets and expenditures of nation states. The general report is followed by a special report which covers the limits imposed by the European Union and by the smaller group of countries constituting the Eurozone. Ten national reports, describing the limits in their respective countries, form the basis of the general report. These countries include eight members of the European Union (five of which use the Euro and three of which do not), one other European state and one non-European state. The reports include two countries in which constitutional “debtbrakes” limit national deficit and debt.

Table of contents: 

1. Fiscal Rules: Legal Limits on Government Deficit and Debt

2. The Crisis of the Economic and Monetary Union and Its Solution (or Dissolution?)

3. La dette publique dans le système constitutionnel et fédéral belge

4. The Process of Budgeting and Issues of Indebtedness in the Czech Republic

5. Objects and Procedures of Budgetary Planning and Limits to Borrowing (“Debt Brake”) in the Federal Republic of Germany

6. Limitations on Government Debt and Deficits in Greece

7. From the Ideological Neutrality to the Neoclassical Inspiration: The Evolution of the Italian Constitutional Law of Public Debt and Deficit

8. Limitations on Government Debt and Deficits: The Netherlands

9. Limitations on Government Debt and Deficits in Romania

10. The Swiss “Success Story” of Sustainable Public Finance: Debt Restrictions and Budgeting Processes in the Swiss Confederation

11. Limitations on Government Debt and Deficits in the United Kingdom

12. Limitations on Government Debt and Deficits in the United States

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Tags: Fred L Morrison, Fiscal Rules Limits, Governmental Deficits, Debt