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The crisis over the euro could be its undoing, as the most pessimistic observers say, or it could be a necessary setback, one that forces Europeans to rededicate themselves to their ideals and put together better fiscal mechanisms for managing their common currency.
Community demand creation refers not only to efforts to mobilise community awareness of health risks and promotion of best practices, but also to promote fiscal mechanisms to support uptake of these services [ 12].
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Certainly, the aged-care allowance is a fiscal mechanism to support long-term care services for disabled elder in the early stage.
We then assess the impact on fuel prices stemming from the creation of an automatic fiscal mechanism consisting of reductions in specific taxes matching the rise in oil prices.
Perhaps the eurozone nations agree to a common tax or fiscal mechanism to help each other through transfers.
That provided Jaczko with a fiscal mechanism to halt his agency's review of the Department of Energy's application to build the Yucca Mountain facility, and he circulated a memo to his staff instructing them to do just that.
This may be of encouragement to Western Governments seeking to shift cost burdens as it may induce greater targeting of non-fiscal mechanisms, or suggest more novel ways to augment current compensation mechanisms to both increase responsibility sharing and reduce this cost burden.
"An international currency union can only survive if it has strong fiscal coordination mechanisms that deliver the key macroeconomic benefits of a fiscal union," he told a Brussels research firm conference in September.
Today's complacency is more dangerous since none of the euro's underlying problems — from yawning economic imbalances among the 16 nations using the currency to a lack of credible fiscal enforcement mechanisms — have been addressed.
It is true that the fiscal compensation mechanisms for the tax which were proposed to the road haulage industry were at the very least open to criticism on the grounds of their complexity and the large number of modifications they underwent.
However more efforts are required to improve the policy effectiveness on a range of issues such as the fiscal incentive mechanisms; the transformation to integration design model; the development of energy management contracting market; the enhancement of regulatory control during the demolition stage; and increasing the service life of buildings.
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