Please throughly explain why monetary intergration should lead to fiscal integration?

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Please throughly explain why monetary intergration should lead to fiscal integration?

Help would be really appreciated.Colin

2007-01-19 03:13:18 · 2 answers · asked by coolcoling 1 in Social Science ➔ Economics

2 answers

It's the other way around. Fiscal integration (along with a bunch of other things, such as trade, factor mobility, and common response to external shocks) is a precondition for a successful monetary integration.

2007-01-19 06:22:18 · answer #1 · answered by NC 7 · 0⤊ 0⤋

i have no idea

2007-01-19 11:26:05 · answer #2 · answered by Brandon 3 · 0⤊ 0⤋