Reforming the EU Budget: Reconciling Needs with Political-Economic Constraints

Author (Person)
Series Title
Series Details Vol.32, No.1, January 2010, p59–76
Publication Date January 2010
ISSN 0703-6337
Content Type

Abstract:
Dissatisfaction with the current EU budget has inspired the ongoing general review of the Union's budgetary system. In this context our aim is threefold. First, we demonstrate that the application of normative yardsticks to the budget reveals severe shortcomings of the status quo. Secondly, we identify the political-economic obstacles to budgetary reform. Thirdly, we review the reform literature and identify 'incentive channelling reforms' as the most promising type. This type of reform option takes account of the incentives which so far cause reform resistance and tries to reconcile them with a more efficient budgetary outcome.

Source Link http://www.tandf.co.uk/journals/
Subject Categories
Countries / Regions