Public Spending Ceiling, a Necessary Measure Late in Coming?

40 views · Published 8 September 2011 · 3:59 · Indexed 20 October 2026

Channel: IESE Business School · 2011 · Education

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The Spanish government has proposed including a public spending ceiling in the constitution, a measure aimed at calming the markets that was adopted in Germany in 2009. But is this reform really useful? IESE professor Antonio Argandoña reviews ITS viability and the potential problems that might arise.

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