"For an informed debate"
...This initiative would have a clear status, a budget, a formalized agenda, a defined scope of intervention and would obviously be given the means to function. - Improving the functioning of the WTO to make it more efficient and simple, notably in terms the Dispute Settlement Body (DSB). We...
Read more...you look at the different countries. Now the budget. We have a huge deficit, and I am very glad that Paul Wolfowitz said that he was encouraged by Gleneagles, but we have a large defense budget, that priority was made and the question is whether President Bush is going to be able to live up...
Read more...However, a monetary union requires some form of budget for fiscal stabilisation in case of shocks, and as a backstop to the banking union. This paper compares four quantitatively different schemes of fiscal stabilisation and proposes a new scheme based on GDP-indexed bonds. The options...
Read more...to be pulled to prompt an adjustment. Unlike the budget balance, the current account balance results from the aggregation of a myriad of individual decisions. To correct it may require fiscal action or changes in the social security system, the structure of taxation, the regulation of product and...
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