tag:blogger.com,1999:blog-4159906646513306121.post6457147561589908825..comments2023-11-19T20:38:50.237-08:00Comments on Economic Logic: The unnecessary problems of the EuroEconomic Logicianhttp://www.blogger.com/profile/10171296292101248614noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4159906646513306121.post-52095464373418101592011-03-26T10:06:23.686-07:002011-03-26T10:06:23.686-07:00In other words, the Growth and Stability Pact is d...In other words, the Growth and Stability Pact is destabilizing. At least some of the participating countries committed to the Pact with good intentions, but it cannot work if they do not have additional reasons to be careful with their budget.<br /><br />For another case of a country were the central government has to deal with the shortcomings of the member states in terms of fiscal policy, see the great example of Argentina.Vilfredonoreply@blogger.com