In the Netherlands and Estonia, the European Union (EU) did not exert direct influence on domestic fiscal consolidation. They managed to resolve their fiscal crises and balance their budgets without external financial assistance, thanks to strict fiscal discipline. Yet, domestic consolidations in both countries were to some extent influenced by the EU. The Netherlands was subject to excessive deficit procedure. Estonia was indirectly influenced because of its top priority to join the Eurozone. This paper begins with a conceptual look at EU influencing. Then, fiscal discipline and consolidation in the Netherlands and Estonia are explored, especially their similarities and differences.

Additional Metadata
Keywords Estonia, fiscal consolidation, fiscal discipline, Influence of EU, Netherlands
Persistent URL dx.doi.org/10.1080/14719037.2018.1502949, hdl.handle.net/1765/109963
Journal Public Management Review: an international journal of research and theory
Citation
Kickert, W.J.M, & Randma-Liiv, T. (2018). No direct influence of EU on domestic consolidation and reform: two fiscal ‘hardliners’, Netherlands and Estonia. Public Management Review: an international journal of research and theory. doi:10.1080/14719037.2018.1502949