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West Ashley Library
9 a.m. - 7 p.m.
Phone: (843) 766-6635
Folly Beach Library
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Phone: (843) 588-2001
Edgar Allan Poe/Sullivan's Island Library
Closed for renovations
Phone: (843) 883-3914
Wando Mount Pleasant Library
9 a.m. - 8 p.m.
Phone: (843) 805-6888
Village Library
9 a.m. - 1 p.m.
Phone: (843) 884-9741
St. Paul's/Hollywood Library
9 a.m. - 8 p.m.
Phone: (843) 889-3300
Otranto Road Library
9 a.m. - 8 p.m.
Phone: (843) 572-4094
Mt. Pleasant Library
9 a.m. - 8 p.m.
Phone: (843) 849-6161
McClellanville Library
9 a.m. - 6 p.m.
Phone: (843) 887-3699
Keith Summey North Charleston Library
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Phone: (843) 744-2489
John's Island Library
9 a.m. - 8 p.m.
Phone: (843) 559-1945
Hurd/St. Andrews Library
9 a.m. - 8 p.m.
Phone: (843) 766-2546
Miss Jane's Building (Edisto Library Temporary Location)
2 p.m. – 6 p.m.
Phone: (843) 869-2355
Dorchester Road Library
9 a.m. - 8 p.m.
Phone: (843) 552-6466
John L. Dart Library
9 a.m. - 7 p.m.
Phone: (843) 722-7550
Baxter-Patrick James Island
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Phone: (843) 795-6679
Main Library
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Phone: (843) 805-6930
Bees Ferry West Ashley Library
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Reakcja Unii Europejskiej na COVID-19 jako wypełnienie braków w konstrukcji Europejskiej Unii Gospodarczej i Walutowej. (Polish)
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- Author(s): SZCZUREK, Mateusz
- Source:
Polish Journal of Economics / Gospodarka Narodowa; 2021, Vol. 308 Issue 4, p83-102, 20p - Source:
- Additional Information
- Alternate Title: EU Emergency COVID-19 Instruments as an Attempt to Address Deficiencies in the EMU Design. (English)
- Abstract: The European Recovery and Resilience Facility (RRF), together with the Temporary Support to Mitigate Unemployment Risks in an Emergency (SURE) instrument, constitutes a significant attempt to address deficiencies in the design of the European Monetary Union (EMU). This article shows the importance of a common fiscal instrument for the functioning of the EMU. It also shows why, before 2020, such mechanisms were extremely limited and why making the RRF and SURE permanent will be politically difficult. Challenges hampering fiscal integration in the EMU, combined with the need for a permanent fiscal capacity, make the implementation of the RRF from 2021 to 2026 crucial not only for post-COVID-19 recovery, but also for the long-term economic stability of the EU. A failure in the RRF's transition into a permanent federal instrument will require a more conservative fiscal policy as member state budgets remain crucial for the macroeconomic stabilisation of asymmetric shocks. [ABSTRACT FROM AUTHOR]
- Abstract: Europejski Instrument na rzecz Odbudowy i Zwiększania Odporności (RRF) wraz z instrumentem tymczasowego wsparcia w celu zmniejszenia zagrożeń związanych z bezrobociem w sytuacji nadzwyczajnej (SURE) stanowią znaczącą próbę wypełnienia istotnej luki w konstrukcji Europejskiej Unii Gospodarczej i Walutowej (EUGiW). Artykuł pokazuje znaczenie i potrzebę wspólnego mechanizmu fiskalnego dla funkcjonowania EUGiW oraz wskazuje, dlaczego trudne będzie odejście od tymczasowości zaproponowanych elementów. Problemy te czynią implementację RRF istotną nie tylko dla odbudowy gospodarki po pandemii COVID-19, ale także dla dalszej stabilności strefy euro i Unii Europejskiej (UE). Porażka wdrożenia RRF oznaczać będzie konieczność utrzymywania bardziej konserwatywnej polityki fiskalnej w czasach koniunktury, gdyż to krajowa polityka fiskalna pozostanie kluczowym elementem zastępującym ograniczoną rolę unijnych mechanizmów stabilnościowych przy wstrząsach asymetrycznych. [ABSTRACT FROM AUTHOR]
- Abstract: Copyright of Polish Journal of Economics / Gospodarka Narodowa is the property of SGH Warsaw School of Economics and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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