Talk:European Fiscal Compact
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Dr. Shah's comment on this article
editDr. Shah has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:
The article provides an excellent overview of the developments relevant to the European Fiscal Compact. It could benefit by adding a critical review of the strengths and shortcomings of the current compact and potential avenues for improvement.
We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.
Anwar Shah (Ph.D. economics) is Senior Fellow Brookings Institution, Washington, DC, USA, Advisor/Consultant, World Bank and Director of the Centre for Public Economics, SWUFE, Wenjiang, Chengdu, China He has previously served the World Bank (23 years), Asian Development Bank, Canadian Ministry of Finance, the Government of Alberta and the UN Intergovernmental Panel on Climate Change. At the Canadian Ministry of Finance, he was responsible for federal fiscal transfers to provinces for health, education and equalization. With the Government of Alberta, he was responsible for provincial fiscal transfers to local governments and municipal annexation and incorporation issues. He has published more than two dozen books and numerous articles in leading journals. His recent books include Fiscal Federalism (with Robin Boadway), by the Cambridge University Press, The Practice of Fiscal Federalism: Comparative Perspectives, published by McGill-Queen’s University Press, Intergovernmental Fiscal Transfers, Local Governance in Developing Countries and Performance Accountability and Combating Corruption by the World Bank and Fiscal Incentives for Investment and Innovation, by the Oxford University.
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Bailout program question
editThe fiscal compact compliance table had different entries for the Bailout column. It had "No", "Yes" (meaning active), and "Yes, expired". It seems to me that this last one only means the member state receives no new bailout money, so wouldn't a fourth entry "Paid back" be possible? If so, are there any states close to doing so? Ireland's debt-to-GDP ration has sharply fallen, and Latvia has a relatively low debt and low deficit. --Ambi Valent (talk) 11:07, 14 November 2019 (UTC)