partager
Ce Policy Brief examine la question de la viabilité budgétaire et macroéconomique dans les pays de l’Union européenne (Grèce, Irlande, Italie, Portugal et Espagne) et dans un sous-ensemble de partenaires méditerranéens : Égypte, Jordanie, Maroc, Tunisie et Liban.
Summary:
This policy brief uses the Present Value Constraint (PVC) framework and the twin deficit hypothesis to look at the issue of fiscal and macroeconomic sustainability in the European Union’s (EU) countries of Greece, Ireland, Italy, Portugal and Spain and a subset of Mediterranean Partners (MPs) Egypt, Jordan, Morocco, Tunisia, and Lebanon. It answers the following question: How can the EU and MED countries in financial and debt crises curb macroeconomic imbalances (huge public debt, budget and current account deficits) at a time of low economic growth, high unemployment rates, rising inflation, and rising social demands for inclusion? Finally, this policy brief assesses past implemented International Monetary Fund (IMF) macroeconomic policies in light of the various austerity measures that have been introduced, and offers alternative potential macroeconomic policy solutions and remedies.
This policy brief uses the Present Value Constraint (PVC) framework and the twin deficit hypothesis to look at the issue of fiscal and macroeconomic sustainability in the European Union’s (EU) countries of Greece, Ireland, Italy, Portugal and Spain and a subset of Mediterranean Partners (MPs) Egypt, Jordan, Morocco, Tunisia, and Lebanon. It answers the following question: How can the EU and MED countries in financial and debt crises curb macroeconomic imbalances (huge public debt, budget and current account deficits) at a time of low economic growth, high unemployment rates, rising inflation, and rising social demands for inclusion? Finally, this policy brief assesses past implemented International Monetary Fund (IMF) macroeconomic policies in light of the various austerity measures that have been introduced, and offers alternative potential macroeconomic policy solutions and remedies.
Rapport de la même institution
-
De réfugié à restaurateur : La voie du succès d’un entrepreneur syrien en Jordanie
-
Les start-up de la santé numérique, une opportunité pour soutenir la transformation des systèmes de santé dans le sud de la Méditerranée
-
Évaluation ex-post de l’impact des chapitres commerciaux des accords d’association euro-méditerranéens avec six partenaires : Algérie, Egypte, Jordanie, Liban, Maroc et Tunisie”
-
Evaluating the Impacts of the COVID-19 Pandemic on Income Distribution and Poverty in Turkey
