European Union at the End of 1997: Who is within the Public Finance ‘Sustainability’ Zone?

Research output: Contribution to journalArticle

Abstract

This article analyses the concept of public debt sustainability starting from the text of the Treaty of Maastricht, and it criticizes the Annex Protocol where it is specified the two "reference values": a public deficit/GDP ratio of 3% and a public debt/GDP ratio of 60%.
Original languageEnglish
Pages (from-to)17-36
Number of pages20
JournalQUARTERLY REVIEW. BANCA NAZIONALE DEL LAVORO
Publication statusPublished - 1998

Keywords

  • Basic sustainability relation
  • EU countries screened by the sustainability relation
  • Public debt level
  • the primary deficit-debt relation

Fingerprint

Dive into the research topics of 'European Union at the End of 1997: Who is within the Public Finance ‘Sustainability’ Zone?'. Together they form a unique fingerprint.

Cite this