Macroeconomic Governance: Rules and Enforcement

Abstract

This panel explores the new governance procedures for macroeconomic policy coordination that have emerged during and after the global economic and financial crisis. Papers focus on the European Semester and Fiscal Councils; they also explore the interaction with specific policy coalitions and European institutions like the Commission and the Council.

Title	Details
External Enablers. The Role of Foreign Demand Upholding Domestic Policy Configurations in Germany and Ireland	View Paper Details
Costly Independence: the unintended effects of the ECB's government bond purchases	View Paper Details
Fiscal Councils as Watchdogs in the Eurozone Countries: How Loud Do They Bark?	View Paper Details
Avoiding the Inappropriate: The European Commission and Sanctions under the Stability and Growth Pact	View Paper Details