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It Isn't Just about Greece

Domestic Politics, Transparency and Fiscal Gimmickry in Europe

Bibliographic Data

ID7677230
AuthorsJames Alt (Hertie School), David Dreyer Lassen (0000-0002-4368-9851, Hertie School), Joachim Wehner (0000-0002-1951-308X, Hertie School)
Year2014
Volume44
Issue4
Pages707-716
Publication date2014-10-01
Open AccessYes
TypeARTICLE
VenueBritish Journal of Political Science (JOURNAL)
Journal identifiersISSN: 0007-1234 • E-ISSN: 1469-2112
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0007123414000064
OpenAlexW1991825396
LanguageEN
Citations received28
References cited20

This article analyzes the political origins of differences in adherence to the fiscal framework of the European Union (EU). It shows how incentives to use fiscal policy for electoral purposes and limited budget transparency at the national level, combined with the need to respond to fiscal rules at the supranational level, interact to systematically undermine the Economic and Monetary Union through the employment of fiscal gimmicks or creative accounting. It also explains in detail how national accounts were manipulated to produce electoral cycles that were under the radar of the EU budget surveillance system, and concludes with new perspectives on the changes to (and challenges for) euro area fiscal rules

Accounting information system · Creative accounting · Economic and monetary union · Economic policy · Economics · European union · Fiscal policy · Fiscal union · Incentive · International economics · Macroeconomics · Market economy · Political science · Politics · Transparency (behavior · Accounting · European Monetary and Fiscal Policies · Fiscal Policies and Political Economy · Global Financial Crisis and Policies · Law

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Citations per year2.55
Citation span2015 - 2025 (11)
Highly citedNo

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