prikaz prve stranice dokumenta Implementation of harmonized fiscal policy on the EU member states
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undergraduate thesis
Implementation of harmonized fiscal policy on the EU member states
Zagreb: University of Zagreb, Faculty of Economics and Business, 2015. urn:nbn:hr:148:562115
Hodak, Mateja
University of Zagreb
Faculty of Economics and Business
Department of Macroeconomics and Economic Development

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Cite this document

Hodak, M. (2015). Implementation of harmonized fiscal policy on the EU member states (Undergraduate thesis). Zagreb: University of Zagreb, Faculty of Economics and Business. Retrieved from https://urn.nsk.hr/urn:nbn:hr:148:562115

Hodak, Mateja. "Implementation of harmonized fiscal policy on the EU member states." Undergraduate thesis, University of Zagreb, Faculty of Economics and Business, 2015. https://urn.nsk.hr/urn:nbn:hr:148:562115

Hodak, Mateja. "Implementation of harmonized fiscal policy on the EU member states." Undergraduate thesis, University of Zagreb, Faculty of Economics and Business, 2015. https://urn.nsk.hr/urn:nbn:hr:148:562115

Hodak, M. (2015). 'Implementation of harmonized fiscal policy on the EU member states', Undergraduate thesis, University of Zagreb, Faculty of Economics and Business, accessed 02 September 2024, https://urn.nsk.hr/urn:nbn:hr:148:562115

Hodak M. Implementation of harmonized fiscal policy on the EU member states [Undergraduate thesis]. Zagreb: University of Zagreb, Faculty of Economics and Business; 2015 [cited 2024 September 02] Available at: https://urn.nsk.hr/urn:nbn:hr:148:562115

M. Hodak, "Implementation of harmonized fiscal policy on the EU member states", Undergraduate thesis, University of Zagreb, Faculty of Economics and Business, Zagreb, 2015. Available at: https://urn.nsk.hr/urn:nbn:hr:148:562115

Metadata
TitleImplementation of harmonized fiscal policy on the EU member states
AuthorMateja Hodak
MentorŠime Smolić (mentor)
GranterUniversity of Zagreb
Faculty of Economics and Business
(Department of Macroeconomics and Economic Development)
Zagreb
Defense date and country2015-09-14, Croatia
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Macroeconomics
Abstract
The European Union is characterized with centralized monetary policy and decentralized fiscal policy. In the time when the EU was created and when the euro was introduced as a single currency this seemed like a good solution. All the countries in the euro area shared common monetary policy and in the same time were not willing to give up of the authority regarding conduction of their national fiscal policies, especially in levying taxes. Due to that, fiscal policy was coordinated first by the Maastricht convergence criteria and later on with the main Stability and Growth Pact and the reforms of the same. However, in the time of crisis it was shown monetary and fiscal policy are not coordinated which led to even deeper crisis. Not much was left for the EU countries to overcome the crisis and problems with debt and deficit, especially in those who had the euro as the main currency. They had the find new ways of dealing with the situation. In this paper the progress of common fiscal policy in the EU will be shown, all its advantages and disadvantages, as well as the future steps.
Keywords
Languageenglish
URN:NBNurn:nbn:hr:148:562115
Study programmeTitle: Business Economics in English
Study programme type: university
Study level: undergraduate
Academic / professional title: sveučilišni/a prvostupnik/ prvostupnica(baccalaureus/ baccalaurea) ekonomije (sveučilišni/a prvostupnik/ prvostupnica(baccalaureus/ baccalaurea) ekonomije)
Type of resourceText
File originBorn digital
Access conditionsAccess restricted to students and staff of home institution
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Created on2016-02-23 12:53:16