Constitutional Economics Approach in Terms of The Euro Crisis

25779

The concept of constitutional economics is a notion that analyse how the power and authorities of a state can be and must be limited. The basic aims of constitutional economy are to ensure financial and monetary discipline, prevent politicians from implementing an election economics and populist policies and protect and guarantee economic rights and freedoms of individuals. It has been seen that the EU (European Union) countries could not maintain the fiscal discipline during the term starting with 2008 crisis and continuing with the Euro Zone Debt Crisis. For this reason, the aim of the study was to evaluate the compliance of the countries deeply affected by the Euro Sovereign debt crisis to the Maastricht Criteria

263

Constitutional Economics , Debt Crisis , Maastricht Criterias

Journal Of Management an‎d Economics

286

Journal Of Management an‎d Economics