This chapter adopts a domestic politics perspective to explain the collapse of the Growth and Stability Pact in Germany. The argument developed here is that German social partners have resorted to fiscal authorities more than in the past to obtain compensations in exchange for wage moderation. Strong domestic pressures would thus be at the root of fiscal misbehaviour.

Bringing Domestic Pressures Back Into the Budget: Germany's Stability Pact and the new incentive structure in EMU

MARZINOTTO, Benedicta
2008

Abstract

This chapter adopts a domestic politics perspective to explain the collapse of the Growth and Stability Pact in Germany. The argument developed here is that German social partners have resorted to fiscal authorities more than in the past to obtain compensations in exchange for wage moderation. Strong domestic pressures would thus be at the root of fiscal misbehaviour.
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11390/877490
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