Financial Accountability In The European Union

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Financial Accountability in the European Union

Author : Paul Stephenson
Publisher : Routledge
ISBN 13 : 1000223558
Total Pages : 314 pages
Book Rating : 4.0/5 (2 download)

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Book Synopsis Financial Accountability in the European Union by : Paul Stephenson

Download or read book Financial Accountability in the European Union written by Paul Stephenson and published by Routledge. This book was released on 2020-11-19 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers comprehensive coverage of various aspects of financial accountability around the EU budget – how it is spent via policies, how institutions engage in checking policy performance (what taxpayers’ money actually delivers), and therein, the issues of monitoring, controlling, auditing, scrutinising and communicating budgetary expenditure. Presenting conceptual and theoretical approaches including financial accountability, learning, multi-level governance, implementation and throughput legitimacy, it looks at EU institutions (European Parliament, European Court of Auditors, European Ombudsman, European Public Prosecutor’s Office) and national bodies (supreme audit institutions at the national level), examining their contact with the EU budget. It details the historical development of accountability mechanisms (the ‘statement of assurance’, financial corrections, and parliamentary oversight by the Budgetary Control Committee (CONT)), and examines policy areas such as those of agriculture, social policy and cohesion (including Structural Funds and the Common Agricultural Policy), exploring the challenges of financial accountability in practice. Given the recent introduction of non-budgetary financial instruments and tools only partly financed by the EU budget, it sheds light on new burgeoning areas such as the European Stability Mechanism (ESM) and the European Fund for Strategic Investment (EFSI) and the challenges they bring for ensuring the accountability of public money. This book will be of key interest to scholars and students of audit and evaluation, budgetary spending and financial control and, more broadly, public administration, public policy and EU institutions and politics.

Accountability in the Economic and Monetary Union

Author : Menelaos Markakis
Publisher : Oxford University Press
ISBN 13 : 0192583956
Total Pages : 400 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis Accountability in the Economic and Monetary Union by : Menelaos Markakis

Download or read book Accountability in the Economic and Monetary Union written by Menelaos Markakis and published by Oxford University Press. This book was released on 2020-04-02 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the financial and public debt crisis, the EU's Economic and Monetary Union (EMU) has been under intense political scrutiny. The measures adopted in response to the crisis have granted additional powers to the EU (and national) authorities, the exercise of which can have massive implications for the economies of the Member States, financial institutions and, of course, citizens. The following questions arise: how can we hold accountable those institutions that are exercising power at the national and EU level? What is the appropriate level, type and degree of accountability and transparency that should be involved in the development of the EU's governance structures in the areas of fiscal and economic governance and the Banking Union? What is the role of parliaments and courts in holding those institutions accountable for the exercise of their duties? Is the revised EMU framework democratically legitimate? How can we bridge the gap between the citizens - and the institutions that represent them - and those institutions that are making these important decisions in the field of economic and monetary policy? This book principally examines the mechanisms for political and legal accountability in the EMU and the Banking Union. It examines the implications that the reforms of EU economic governance have had for the locus and strength of executive power in the Union, as well as the role of parliaments (and other political fora) and courts in holding the institutions acting in this area accountable for the exercise of their tasks. It further sets out several proposals regarding transparency, accountability, and legitimacy in the EMU.

European Union

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
ISBN 13 : 1475593813
Total Pages : 13 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis European Union by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book European Union written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2013-03-15 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

The European Parliament as an Accountability Forum

Author : Adina Akbik
Publisher : Cambridge University Press
ISBN 13 : 1108835759
Total Pages : 253 pages
Book Rating : 4.1/5 (88 download)

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Book Synopsis The European Parliament as an Accountability Forum by : Adina Akbik

Download or read book The European Parliament as an Accountability Forum written by Adina Akbik and published by Cambridge University Press. This book was released on 2022-02-03 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of executive actors' accountability for EU economic decisions in the aftermath of the euro crisis.

Regulating Finance in Europe

Author : HŽritier, Adrienne
Publisher : Edward Elgar Publishing
ISBN 13 : 1800379595
Total Pages : 200 pages
Book Rating : 4.8/5 (3 download)

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Book Synopsis Regulating Finance in Europe by : HŽritier, Adrienne

Download or read book Regulating Finance in Europe written by HŽritier, Adrienne and published by Edward Elgar Publishing. This book was released on 2021-11-05 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book presents an in-depth investigation of who benefits from European financial market regulatory measures and how decision-makers and stakeholders are held politically and administratively accountable. The extensive study illustrates the full range of the actors involved in key regulatory processes such as the regulation of high-frequency trading and the activities of central-clearing counterparties.

The Accountability Gap in EU law

Author : Marios Costa
Publisher : Taylor & Francis
ISBN 13 : 1317381084
Total Pages : 157 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis The Accountability Gap in EU law by : Marios Costa

Download or read book The Accountability Gap in EU law written by Marios Costa and published by Taylor & Francis. This book was released on 2016-10-04 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: Almost two decades ago, the fall of the Santer Commission against a background of allegations of maladministration and nepotism had the effect of placing accountability on the political agenda of the EU institutions. More recently, the non-ratification of the Constitutional Treaty, the difficulties of the ratification of the Lisbon Treaty and the current financial crisis have increased the calls for accountability in the EU. This book investigates whether any progress towards more accountability and transparency has been made in the post-Lisbon era by taking a holistic approach to the subject. Marios Costa argues that currently the EU institutions and the Member States are not in a position to hold the so-called independent agencies as well as the various committees and expert groups accountable. Despite recent progress, the EU still needs to put forward an acceptable constitutional framework which will truly secure accountability at the EU level of governance.

Legal Accountability in EU Markets for Financial Instruments

Author : Carl Fredrik Bergström
Publisher : Oxford University Press
ISBN 13 : 019284928X
Total Pages : 369 pages
Book Rating : 4.1/5 (928 download)

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Book Synopsis Legal Accountability in EU Markets for Financial Instruments by : Carl Fredrik Bergström

Download or read book Legal Accountability in EU Markets for Financial Instruments written by Carl Fredrik Bergström and published by Oxford University Press. This book was released on 2022-01-22 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proper functioning of the EU financial market is protected by public actors - both national and supranational - responsible for rulemaking and supervision of investment firms and other private actors. At the same time the effectiveness of the EU legal system requires vigilance from private actors such as investment firms but also their clients, invoking their rights before national authorities and courts. This means that investment firms have a dual role within the system, turning them into subjects of control and enforcement but also agents in the maintenance of the rule of law. Legal Accountability in EU Markets for Financial Instruments brings together a group of scholars with expertise from different legal disciplines but a shared interest for the EU internal market and the way it develops. It integrates a modern study of the form and function of EU rulemaking in the internal market after the financial crisis. The book includes an evaluation of core aspects of rulemaking in the financial market and that way provides a cross-cutting treatment of EU law. The focus of the book is set on the regulatory framework in MiFIDII and MiFIR and thematic questions around legal mechanisms for accountability and the role of investment firms in the operation of those mechanisms. It further discusses the implications for EU law and the EU legal system and gives readers a thorough understanding of the concept of accountability through its own findings.

Gaps, Overlaps and Challenges

Author :
Publisher :
ISBN 13 :
Total Pages : 78 pages
Book Rating : 4.:/5 (891 download)

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Book Synopsis Gaps, Overlaps and Challenges by :

Download or read book Gaps, Overlaps and Challenges written by and published by . This book was released on 2014 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Accountability and audit arrangements for European Union (EU) policies, instruments, entities and related public financial resources and related challenges are considered in this review. For this purpose, accountability refers mainly to democratic (especially parliamentary) oversight of policies and activities of public bodies, whereas public audit refers to the financial and performance audits of policies and related public funds and their link to the accountability process."-- Page 1.

Contesting Executive Power in Eu Economic Governance

Author : Adina Maricut-Akbik
Publisher :
ISBN 13 : 9781108814348
Total Pages : pages
Book Rating : 4.8/5 (143 download)

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Book Synopsis Contesting Executive Power in Eu Economic Governance by : Adina Maricut-Akbik

Download or read book Contesting Executive Power in Eu Economic Governance written by Adina Maricut-Akbik and published by . This book was released on 2021-06 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Accountability and Legitimacy in the European Union

Author : Anthony Arnull
Publisher : Oxford University Press, USA
ISBN 13 : 9780199257102
Total Pages : 562 pages
Book Rating : 4.2/5 (571 download)

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Book Synopsis Accountability and Legitimacy in the European Union by : Anthony Arnull

Download or read book Accountability and Legitimacy in the European Union written by Anthony Arnull and published by Oxford University Press, USA. This book was released on 2002 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Union's growing accountability deficit threatens to undermine its legitimacy; accordingly, member states have agreed to negotiate a new set of Treaty changes in 2004. These essays consider various aspects of accountability and legitimacy in the European Union.

The Illusion of Accountability in the European Union

Author : Sverker Gustavsson
Publisher : Routledge
ISBN 13 : 1135220581
Total Pages : 312 pages
Book Rating : 4.1/5 (352 download)

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Book Synopsis The Illusion of Accountability in the European Union by : Sverker Gustavsson

Download or read book The Illusion of Accountability in the European Union written by Sverker Gustavsson and published by Routledge. This book was released on 2009-09-11 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines accountability in the EU from different perspectives and considers whether EU citizens have real opportunities for holding decision-makers accountable. This book critically analyses five arguments which claim there are sufficient means for holding decision-makers to account in the Union. The main conclusion is that the current institutional set-up and practice of decision-making in the EU is one that merely creates an illusion of accountability. Using a strict framework focusing on the difference between formal mechanisms and actual opportunities for accountability, this highly coherent volume will be of interest to students and scholars of European politics, especially those interested in the democratic foundations of the European political system. Chapter 1 of this book is freely available as a downloadable Open Access PDF under a Creative Commons Attribution-Non Commercial-No Derivatives 3.0 license. https://s3-us-west-2.amazonaws.com/tandfbis/rt-files/docs/Open+Access+Chapters/9780415480994_oachapter1.pdf

The Real World of EU Accountability

Author : Mark Bovens
Publisher : Oxford University Press
ISBN 13 : 0199587809
Total Pages : 236 pages
Book Rating : 4.1/5 (995 download)

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Book Synopsis The Real World of EU Accountability by : Mark Bovens

Download or read book The Real World of EU Accountability written by Mark Bovens and published by Oxford University Press. This book was released on 2010-06-24 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Real World of EU Accountability examines how the European Union operates in practice and how and where its various institutions are held to account for the decisions they take and the power they wield.

Substantive Accountability in Europe's New Economic Governance

Author : Mark Dawson
Publisher :
ISBN 13 : 9781009228787
Total Pages : 0 pages
Book Rating : 4.2/5 (287 download)

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Book Synopsis Substantive Accountability in Europe's New Economic Governance by : Mark Dawson

Download or read book Substantive Accountability in Europe's New Economic Governance written by Mark Dawson and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The EU has become an increasingly powerful economic actor but we lack research on how EU economic decision-makers can be held to account. This book argues that the EU suffers from important substantive accountability deficits I.e. while numerous procedures exist to hold institutions like the Commission and ECB to account, there are few mechanisms to contest the merit and impact of economic decisions. The book combines detailed empirical research on how accountability practices are evolving across different fields of EU economic governance with a novel conceptual framework to assess where accountability deficits lie and how they might be addressed. Combining leading research in law and political science, this book will be of interest to scholars with an interest in the questions of accountability and economic governance arising from the budgets, central banks and financial institutions of the European Union. This title is Open Access.

Public Sector Accounting, Financial Accountability and Viability in Times of Crisis

Author : Giovanna Dabbicco
Publisher : Springer Nature
ISBN 13 : 3031047451
Total Pages : 298 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Public Sector Accounting, Financial Accountability and Viability in Times of Crisis by : Giovanna Dabbicco

Download or read book Public Sector Accounting, Financial Accountability and Viability in Times of Crisis written by Giovanna Dabbicco and published by Springer Nature. This book was released on 2022-09-06 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the implications of the Covid-19 pandemic for public-sector accounting and finance. It provides a holistic overview of government initiatives to navigate the pandemic, focusing on how government policies and related spending have affected the budgetary process, the disclosure of information and transparency, as well as the importance of accounting technologies and operating systems in times of crisis. The book shows how government economic interventions have been crucial in counteracting the financial consequences of the global pandemic, and emphasizes the importance of accountability. It will appeal to students and scholars of public policy, public administration and finance, as well as policymakers and public managers responsible for public sector financial and budgetary reporting of public administrations.

Public Expenditure Control in Europe

Author : Milagros García Crespo
Publisher : Edward Elgar Publishing
ISBN 13 : 9781845425609
Total Pages : 280 pages
Book Rating : 4.4/5 (256 download)

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Book Synopsis Public Expenditure Control in Europe by : Milagros García Crespo

Download or read book Public Expenditure Control in Europe written by Milagros García Crespo and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public Expenditure Control in Europe provides a timely and detailed study of audit control of government expenditure in selected EU countries. It combines the factual and descriptive analysis of senior experts practising in the area with the insights of top academics writing in this field. The studies dissect different cultural and institutional practices in auditing public expenditure highlighting difficulties in gaining European consistency or in auditing across different levels of government. Overall, the book argues for greater harmonization and comparability while allowing room for diversity and experimentation. John Wanna, Griffith University, Australia This book presents a comprehensive analysis of public expenditure control in Europe and the coordination strategies available. It provides a detailed scrutiny of the various audit systems in the EU and the difficulties in building consistency or harmony between them. The book demonstrates how successful strategies should aim to strengthen the collaboration between different layers of government at the EU, national and regional levels. The authors illustrate how effective cooperation between Supreme Audit Institutions (SAIs) is one of the starting points for any rational system of external control of Europe s public finances. However, this cooperation must be founded upon respect for the independence and operating mandate of each SAI and for their different organizational and operational procedures. Importantly, the authors analyse three critical phenomena that determine the present context in which SAIs develop their activities. These include the impact of the current processes of supranational integration and state decentralization taking place in Europe; the growing demand for transparency, accountability and external control; and the more complex situations created by the loss of a clear distinction between the private and public sectors. The book also offers detailed country studies of audit functions and how they are developed and interpreted, and examines coordination strategies in the context of fraud, auditing, reporting and harmonization. This volume will prove to be an invaluable resource for scholars, students and practitioners of public finance, auditing and administration. It will also be of interest to those working in the areas of public budgeting and public sector management in the EU.

Accountability, Transparency and Democracy in the Functioning of Bretton Woods Institutions

Author : Elena Sciso
Publisher : Springer
ISBN 13 : 3319578553
Total Pages : 262 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis Accountability, Transparency and Democracy in the Functioning of Bretton Woods Institutions by : Elena Sciso

Download or read book Accountability, Transparency and Democracy in the Functioning of Bretton Woods Institutions written by Elena Sciso and published by Springer. This book was released on 2017-07-04 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the strengths and weaknesses – in terms of transparency and compliance with the democratic principle – of Bretton Woods Institutions, considering the most important innovations from the original framework achieved through the introduction of independent accountability and complaint mechanisms (the Inspection Panel and Independent Evaluation Office), but also due to relevant reforms in the internal governance of the International Monetary Fund and the new financial assistance tools. One of its main focuses is on evaluating the socio-economic impact of conditionality in the countries requiring financial assistance, acknowledging the need to strengthen social protection policies in the adjustment programs. In addition, emphasis is given to the effects of the “constitutionalization” of the Washington Consensus in the European Union, with the establishment of the so-called “Berlin-Brussels-Frankfurt Consensus.”

Financial Sustainability of Public Sector Entities

Author : Josette Caruana
Publisher : Springer
ISBN 13 : 3030060373
Total Pages : 219 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Financial Sustainability of Public Sector Entities by : Josette Caruana

Download or read book Financial Sustainability of Public Sector Entities written by Josette Caruana and published by Springer. This book was released on 2019-03-01 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the role of public sector accounting, and the relevance of accounting frameworks, in assisting financially sustainable policy making. Focussing on the European context, the book examines financial reporting, management accounting, budgeting and other reporting requirements, for example, Government Finance Statistics. It also analyses emerging forms of reporting, such as popular reporting and integrated reporting, which may also be considered by policy makers, standard setters, and managers of public sector entities.