In Praise of the German Fiscal Law

Ashoka Mody leads the IMF’s work on Germany as well as on Ireland.  He writes in today’s FT in praise of the German fiscal law: you can read it here.

2 replies on “In Praise of the German Fiscal Law”

I think Ashoka Mody makes a very good point. Applied to Ireland, credibly committing to such a rule would provide more scope for countercyclical fiscal policy, not less.

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