A dogmatic target of budgetary balance four years hence, irrespective of a country’s position in the economic cycle, would achieve little: targets are meaningless if they are impossible to implement. So the rules would have to be set with reference to each member state’s cyclically adjusted fiscal position (for which the OECD already produces estimates).
新的财政规则应该如何设计？武断地为各国设置预算平衡的四年大限而不考虑各国在经济周期中所处的阶段是无济于事的：无法实施的目标没有任何意义。因此，新规则必须参考每个成员国经周期调整的财政状况（OECD已经为此进行了估算）。