stabilisation policy
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Author(s):  
Cheng Tan ◽  
Wing Shing Wong ◽  
Huanshui Zhang ◽  
Zhengqiang Zhang

2020 ◽  
pp. 43-60
Author(s):  
Małgorzata Misiak

The aim of the paper is to examine the role and place of the fiscal stabilisation policy in the European Monetary Union (EMU) from the perspective of the theory of optimum currency areas (OCA). We examine the theoretical underpinning for the policy to mitigate the economic fluctuations in a monetary union, and answer the questions of whether fiscal integration is a prerequisite for the “optimality” of a currency area and at what level of governance a stabilising fiscal policy should be conducted. We conclude with a short revision of how OCA theory is applied to the project of monetary and economic integration in the European Union (EU) and some conclusions for future development and research.


Author(s):  
Md. Mahmudul Alam ◽  
Md. Wahid Murad ◽  
Rafiqul Islam Molla ◽  
Khondaker Mizanur Rahman ◽  
Taslima Rahman Khondaker

Author(s):  
Md. Mahmudul Alam ◽  
Khondaker Mizanur Rahman ◽  
Taslima Rahman Khondaker ◽  
Rafiqul Islam Molla ◽  
Md. Wahid Murad

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