Too often, the European fiscal pact is perceived by national policymakers as an external constraint, not as a framework conducive to better decisions. A greater degree of stability in the assessment of an economy’s potential would strengthen decision-makers’ awareness and appreciation of longer-term challenges, thereby putting policymaking on a sounder footing.
欧洲财政契约常常被国家决策者看成是外部约束，而不是有利于改善决策的框架。增加经济潜在水平评估的稳定程度能够强化决策者对长期挑战的认识和理解，从而有助于让决策过程更加可靠。