The New European Budgetary Order

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The new European Budgetary Order

Author : Robin Degron
Publisher : Bruylant
ISBN 13 : 2802762990
Total Pages : 163 pages
Book Rating : 4.8/5 (27 download)

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Book Synopsis The new European Budgetary Order by : Robin Degron

Download or read book The new European Budgetary Order written by Robin Degron and published by Bruylant. This book was released on 2018-09-28 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Sovereign debt crisis pushed the EU to take a new step to the common financial rules. After some years of ‘soft budgetary carefreeness’, the European Budgetary Treaty boosted the movement of budgetary convergence in the EU. The ‘Six Pack’ and the ‘Two Pack’ consolidated the effectiveness of a new European budgetary order founded by the Maastricht Treaty and the Stability and Growth Pact. Even if mechanisms adopted by the Member States are formally different in law, conditions of European budgetary orthodoxy have been definitively hardened. This new rigor has a great impact on all the public administrations, as defined by the European Accounts System and Eurostat. The EU is a key-player of the budgetary game. This great power makes the EU accountable to the general economic situation within Europe and amongst all Member States. Budgetary regulation must be conciliated with preservation of some investment means to develop potential growth on the continent. ‘Giant in law’, the EU has to be responsible from an economic point of view. The problem is that, from a budgetary standpoint, the EU remains a ‘dwarf’. The European general budget is about 1% of the EU gross national income. The budgetary power of the EU is less than one twentieth of the USA federal financial power. Balance between ‘budgetary dwarf ’ and ‘giant in law’ is characteristic of ‘adolescence’ of the EU finances. Natural consequence of this situation, the EU capacities for redistributing and stabilization are still relatively limited. To overtake this powerlessness, the EU has used no budgetary tools by appealing to the European Investment Bank and the European Investment Fund. However, the ability of the EU to support public investment is not sufficient today to promote an authentic economic relaunching policy and to support the global competition, especially with the USA and China. With a ‘powerful brake’ and a ‘poor accelerator’, the risk is the European public investments continue to stand by. This is the investment paradox of the European budgetary order. Will the next negotiation on the multiyear financial framework post 2020 be able to change the point ? It is not sure, especially in the Brexit context. Negotiating an European financial agenda is always long and difficult. But, the exit of the United Kingdom could makes the game more disputed than ever. A thing is clear : beyond the technical and financial sizes of the new roadmap proposals established by the Commission, the democratic control of the European Parliament is still limited. The EU budgetary framework and timetable are too inert, not enough reactive, far from European citizens actually. In the historical moments we live, it is certainly a strategic mistake to not involve much more citizens and their representatives in the crucial negotiation on the long-term finances of the EU. This is the technocratic risk of the new European budgetary order.

Participatory Budgeting in Europe

Author : Yves Sintomer
Publisher : Routledge
ISBN 13 : 1317083911
Total Pages : 386 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis Participatory Budgeting in Europe by : Yves Sintomer

Download or read book Participatory Budgeting in Europe written by Yves Sintomer and published by Routledge. This book was released on 2016-03-10 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can participatory budgeting help make public services really work for the public? Incorporating a range of experiments in ten different countries, this book provides the first comprehensive analysis of participatory budgeting in Europe and the effect it has had on democracy, the modernization of local government, social justice, gender mainstreaming and sustainable development. By focussing on the first decade of European participatory budgeting and analysing the results and the challenges affecting the agenda today it provides a critical appraisal of the participatory model. Detailed comparisons of European cases expose similarities and differences between political cultures and offer a strong empirical basis to discuss the theories of deliberative and participatory democracy and reveal contradictory tendencies between political systems, public administrations and democratic practices.

EU Cohesion Policy and European Integration

Author : Mr Carlos Mendez
Publisher : Ashgate Publishing, Ltd.
ISBN 13 : 1472422953
Total Pages : 523 pages
Book Rating : 4.4/5 (724 download)

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Book Synopsis EU Cohesion Policy and European Integration by : Mr Carlos Mendez

Download or read book EU Cohesion Policy and European Integration written by Mr Carlos Mendez and published by Ashgate Publishing, Ltd.. This book was released on 2014-01-28 with total page 523 pages. Available in PDF, EPUB and Kindle. Book excerpt: EU Cohesion policy accounts for a major share of the EU budget and is central to economic and social development in many European countries. This book provides a comprehensive and theoretically-informed analysis of how Cohesion policy has evolved over time, in particular the budgetary and policy dynamics of the 2007–13 reform. In the context of the budgetary politics of the EU, the book examines the process by which the reform of Cohesion policy has been shaped; it identifies the key factors that explain the allocation of funding, assesses the roles of the Member States, European Commission and European Parliament, and tests whether the process and outcome are consistent with the expectations of EU decision-making and integration theories. Based on extensive, EU-wide research over a ten-year period, the book provides new insights into both the process and outcomes of EU policy reform. Presenting original research in an accessible format, this book will be of interest to scholars as well as undergraduate and postgraduate students in the fields of European integration and policy studies.

Poland in European Union

Author : Alojzy Nowak
Publisher : SCHEDAS
ISBN 13 : 8416558124
Total Pages : 186 pages
Book Rating : 4.4/5 (165 download)

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Book Synopsis Poland in European Union by : Alojzy Nowak

Download or read book Poland in European Union written by Alojzy Nowak and published by SCHEDAS. This book was released on 2016-01-22 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:

OECD Journal on Budgeting, Volume 2012 Supplement 1 Budgeting in Luxembourg: Analysis and recommendations

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264195815
Total Pages : 81 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis OECD Journal on Budgeting, Volume 2012 Supplement 1 Budgeting in Luxembourg: Analysis and recommendations by : OECD

Download or read book OECD Journal on Budgeting, Volume 2012 Supplement 1 Budgeting in Luxembourg: Analysis and recommendations written by OECD and published by OECD Publishing. This book was released on 2013-03-26 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report studies budgetary planning, financial information, internal audit, and related policies in the administrative entities of Luxembourg and makes a series of recommendations.

The Federal Vision

Author : Kalypso Nicolaidis
Publisher : OUP Oxford
ISBN 13 : 0191529621
Total Pages : 558 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis The Federal Vision by : Kalypso Nicolaidis

Download or read book The Federal Vision written by Kalypso Nicolaidis and published by OUP Oxford. This book was released on 2001-11-01 with total page 558 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Vision is about the complex and changing relationship between levels of governance within the United States and the European Union. Based on a transatlantic dialogue between scholars concerned about modes of governance on both sides, it is a collective attempt at analysing the ramifications of the legitimacy crisis in our multi-layered democracies, and possible remedies. Starting from a focus on the current policy debatea over devolution and subsidiarity, the book engages the reader in to the broader tension of comparartive federalism. Its authors believe that in spite of the fundamental differences between them, both the EU and the US are in the process of re-defining a federal vision for the 21st century. This book represents an important new contribution to the study of Federalism and European integration, which seeks to bridge the divide between the two. It also bridges the traditional divide between technical, legal or regulatory discussions of federal governance and philosophical debates over questions of belonging and multiple identities. It is a multi-disciplinary project, bringing together historians, political scientists and theorists, legal scholars, sociologists and political economists. It includes both innovative analysis and prescriptions on how to reshape the federal contract in the US and the EU. It includes introductions to the history of federalism in the US and the EU, the current debates over devolution and subsidarity, the legal framework of federalism and theories of regulatory federalism, as well as innovative approaches to the application of network analysis, principal-agent models, institutionalist analysis, and political theories of citizenship to the federal context. The introduction and conclusion by the editors draws out cross-cutting themes and lessons from the thinking together of the EU and US experiences, and suggest how a federal vision could be freed from the hierarchical paradigm of the federal state and articulated around concepts of mutal tolerence and empowerment.

The Constitutionalization of European Budgetary Constraints

Author : Maurice Adams
Publisher : Bloomsbury Publishing
ISBN 13 : 1782254196
Total Pages : 517 pages
Book Rating : 4.7/5 (822 download)

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Book Synopsis The Constitutionalization of European Budgetary Constraints by : Maurice Adams

Download or read book The Constitutionalization of European Budgetary Constraints written by Maurice Adams and published by Bloomsbury Publishing. This book was released on 2014-12-01 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recently enacted Treaty on the Stability, Coordination and Governance of the Economic and Monetary Union (generally referred to as the Fiscal Compact) has introduced a 'golden rule', which is a detailed obligation that government budgets be balanced. Moreover, it required the 25 members of the EU which signed the Treaty in March 2012, to incorporate this 'golden rule' within their national Constitutions. This requirement represents a major and unprecedented development, raising formidable challenges to the nature and legitimacy of national Constitutions as well as to the future of the European integration project. This book analyses the new constitutional architecture of the European Economic and Monetary Union (EMU), examines in a comparative perspective the constitutionalization of budgetary rules in the legal systems of the Member States, and discusses the implications of these constitutional changes for the future of democracy and integration in the EU. By combining insights from law and economics, comparative institutional analysis and legal theory, the book offers a comprehensive survey of the constitutional incorporation of new fiscal and budgetary rules across Europe and a systematic normative discussion of the legitimacy issues at play. It thus contributes to a better understanding of the Euro-crisis, of the future of the EU, and the reforms needed towards a deeper and genuine EMU.

The New European Security Disorder

Author : S. Duke
Publisher : Springer
ISBN 13 : 0230390153
Total Pages : 460 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis The New European Security Disorder by : S. Duke

Download or read book The New European Security Disorder written by S. Duke and published by Springer. This book was released on 1994-10-07 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New European Security Disorder presents a clear and comprehensive overview of the main actors, institutions and changes in European security since the end of the Cold War. Special emphasis is put on the assessment of threats to Europe's security, the lack of coherent leadershop in Bosnia and elsewhere, and the need for pan-European security institutions.

Conflict and Change in EU Budgetary Politics

Author : Johannes Lindner
Publisher : Routledge
ISBN 13 : 113424973X
Total Pages : 289 pages
Book Rating : 4.1/5 (342 download)

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Book Synopsis Conflict and Change in EU Budgetary Politics by : Johannes Lindner

Download or read book Conflict and Change in EU Budgetary Politics written by Johannes Lindner and published by Routledge. This book was released on 2006-02-27 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why did the European Union experience a stark variation in the levels of conflict between the late 1970s, when budgetary disputes dominated European politics, and the 1990s, when political actors were able to settle upon budgetary agreements without major conflicts? This book responds to this key question with a two-step argument: Its first part shows that decision-making rules can be regarded as a key determinant of the level of conflict in EU budgetary politics. It details far-reaching reform in 1988 reduced conflict, because it introduced an institutional setting for multiannual budget planning that corrected the deficiencies of the original budget treaty. Having identified institutional change as the trigger for the reduction of conflict, the second part of this study focuses on the 1988 reform. It shows how a number of ‘reproduction mechanisms’ prevented major institutional change in the 1970s and early 1980s. When these ‘reproduction mechanisms’ lost force, a reform became possible and a new institutional setting emerged in 1988. These findings deliver a sharp insight into the interplay between rules and conflict in the still evolving political system of the EU. Moreover, by identifying precise conditions for the occurrence of institutional change, and by linking political performance of institutions to their stability this is a significant contribution to institutionalist research in social science. This book is an excellent resource for students and scholars of the European Union, Political Science, International Relations, Public Policy and Public Finance.

The New European Central Bank: Taking Stock and Looking Ahead

Author : Thomas Beukers
Publisher : Oxford University Press
ISBN 13 : 0198871236
Total Pages : 481 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis The New European Central Bank: Taking Stock and Looking Ahead by : Thomas Beukers

Download or read book The New European Central Bank: Taking Stock and Looking Ahead written by Thomas Beukers and published by Oxford University Press. This book was released on 2022-12-02 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Central Bank (ECB) was first introduced in the European legal order on the occasion of the Treaty of Maastricht (1992). An official EU institution which is governed by EU law, the ECB of modern times differs vastly from its inception in 1998, which manifests in three main ways: monetary policy options, consideration of concerns other than low inflation in its policy-making, and its role in the Banking Union. This edited collection offers a retrospective and prospective account of the ECB, charting its evolution in detail with chapters written by leading academics and practitioners. Part 1 examines the substantive changes to monetary policy introduced by the ECB as a consequence of the financial and sovereign debt crisis by considering their legal basis. Part 2 moves beyond monetary policy by shifting to the new roles that the ECB has been called upon to play, notably in banking supervision and resolution. Parts 3 and 4 deal with transformations to inter- and intra-institutional relations, and take stock of these transformations, reflecting on the nature of the ECB of current times and which direction it could be heading in the future. The authors analyse the most salient and controversial elements of the ECB's crisis response, including unconventional monetary policy measures and the ECB's risk management strategy. Beyond monetary policy, the book further examines the role played by objectives such as financial stability and environmental sustainability, the ECB's relationship to the Lender of Last Resort function, as well as its new responsibilities in the Banking Union.

Europe in 12 Lessons

Author : Pascal Fontaine
Publisher :
ISBN 13 : 9789279535901
Total Pages : 114 pages
Book Rating : 4.5/5 (359 download)

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Book Synopsis Europe in 12 Lessons by : Pascal Fontaine

Download or read book Europe in 12 Lessons written by Pascal Fontaine and published by . This book was released on 2017 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Carbon Budgets

Author : Great Britain. Parliament. House of Commons. Environmental Audit Committee
Publisher : The Stationery Office
ISBN 13 : 9780215543127
Total Pages : 56 pages
Book Rating : 4.5/5 (431 download)

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Book Synopsis Carbon Budgets by : Great Britain. Parliament. House of Commons. Environmental Audit Committee

Download or read book Carbon Budgets written by Great Britain. Parliament. House of Commons. Environmental Audit Committee and published by The Stationery Office. This book was released on 2009 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report finds that the Government is only on track to meet its first carbon budget because of the impact of the recession. There is now a worrying shortfall in delivery; UK emissions are currently falling by only about 1 per cent per year, instead of the 2-3 per cent per year which is needed. The management of the carbon budget is as vital as that of the fiscal budget and requires the same level of political attention, civil service commitment, and parliamentary scrutiny. Although the scientific case for more stringent targets is growing, the Government should focus on making more rapid progress against its existing budgets. The Government must first deliver the carbon savings promised in its Low Carbon Transition Plan, then urgently bring forward new measures to increase the rate at which emissions are falling to 2-3 per cent per year and then move to tighten carbon budgets and increase the 2020 target for reducing emissions to a cut of 42 per cent on 1990 levels by 2020. The Committee is also calling on the Government to: work in international climate negotiations on getting emissions to peak as soon as possible; secure competitive advantages for the UK in emerging markets for low-carbon technologies by being prepared to move unilaterally; monitor the latest science and start planning the options available for reducing emissions further and faster in case the scale of the crisis demands bigger cuts; put the right regulatory framework in place to ensure that we do not wrongly invest in high-carbon infrastructure.

Executive Power of the European Union

Author : Deirdre Curtin
Publisher : OUP Oxford
ISBN 13 : 0199264082
Total Pages : 375 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Executive Power of the European Union by : Deirdre Curtin

Download or read book Executive Power of the European Union written by Deirdre Curtin and published by OUP Oxford. This book was released on 2009 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: The picture of Brussels-based bureaucrats exercising arbitrary executive powers is one of the favourite images conjured by Eurosceptics across the political spectrum. This book offers a richer understanding of the nature of the EU's powers, how they relate to national governments, and how they are controlled.

The EU Budget: The UK Rebate and the CAP – Phasing them both out?

Author : Jorge Núñez Ferrer
Publisher : CEPS
ISBN 13 : 9290797398
Total Pages : 108 pages
Book Rating : 4.2/5 (97 download)

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Book Synopsis The EU Budget: The UK Rebate and the CAP – Phasing them both out? by : Jorge Núñez Ferrer

Download or read book The EU Budget: The UK Rebate and the CAP – Phasing them both out? written by Jorge Núñez Ferrer and published by CEPS. This book was released on 2007 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: The CEPS Task Force on the EU budget began its deliberations shortly after the December 2005 Council Decision, embracing all aspects of the budget and culminating, after more than a year of preparation, in this report. This report offers a structure for evaluating the EU's expenditures and future reform options based on a set of guiding principles drawn from the EU Treaties and precepts of good governance. It goes on to identify the misallocation of resources as a central cause of the net balance disputes that plague the system and undermine its fairness. To ensure that the EU is able to act in areas of real value, the report concludes that improvements in the rationale for the expenditures and an increase in the quality of interventions must occur in tandem with an elimination of distortions in the resources mechanism.

EU Policymaking at a Crossroads

Author : Sybille Münch
Publisher : Edward Elgar Publishing
ISBN 13 : 1788977653
Total Pages : 295 pages
Book Rating : 4.7/5 (889 download)

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Book Synopsis EU Policymaking at a Crossroads by : Sybille Münch

Download or read book EU Policymaking at a Crossroads written by Sybille Münch and published by Edward Elgar Publishing. This book was released on 2022-12-08 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: For readers interested in an overview of what led to the adoption of the European Union’s Multiannual Financial Framework (MFF) and its aftermath, this book traces the discursive dynamics and milestones of the negotiations around the MFF and the new recovery instrument, aimed at alleviating the economic crisis caused by the Coronavirus pandemic.

The Law of the European Union and the European Communities

Author : Pieter Jan Kuijper
Publisher : Kluwer Law International B.V.
ISBN 13 : 9041154124
Total Pages : 1251 pages
Book Rating : 4.0/5 (411 download)

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Book Synopsis The Law of the European Union and the European Communities by : Pieter Jan Kuijper

Download or read book The Law of the European Union and the European Communities written by Pieter Jan Kuijper and published by Kluwer Law International B.V.. This book was released on 2018-09-28 with total page 1251 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Law of the European Union is a complete reference work on all aspects of the law of the European Union, including the institutional framework, the Internal Market, Economic and Monetary Union and external policy and action. Completely revised and updated, with many newly written chapters, this fifth edition of the most thorough resource in its field provides the most comprehensive and systematic account available of the law of the European Union (EU). Written by a new team of experts in their respective areas of European law, its coverage incorporates and embraces many current, controversial, and emerging issues and provides detailed attention to historical development and legislative history of EU law. Topics that are constantly debated in European legal analysis and practice are touched on in ways that are both fundamental and enlightening, including the following: .powers and functions of the EU law institutions and relationship among them; .the principles of equality, loyalty, subsidiarity, and proportionality; .free movement of persons, goods, services, and capital; .mechanisms of constitutional change – treaty revisions, accession treaties, withdrawal agreements; .budgetary principles and procedures; .State aid rules; .effect of Union law in national legal systems; .coexistence of EU, European Convention of Human Rights (ECHR), and national fundamental rights law; .migration and asylum law; .liability of Member States for damage suffered by individuals; .competition law – cartels, abuse of dominant position, merger control; .social policy, equal pay, and equal treatment; .environmental policy, consumer protection, public health, cultural policy, education, and tourism; .nature of EU citizenship, its acquisition, and loss; and .law and policy of the EU’s external relations. The fifth edition embraces many new, ongoing, and emerging European legal issues. As in the previous editions, the presentation is notable for its attention to how the law relates to economic and political realities and how the various policy areas interact with each other and with the institutional framework. The many practitioners and scholars who have relied on the predecessors of this definitive work for years will welcome this extensively revised and updated edition. Those coming to the field for the first time will instantly recognize that they are in the presence of a masterwork that can always be turned to with profit and that helps in understanding the rationale underlying any EU law provision or principle.

The Role of Financial Stability in EU Law and Policy

Author : Gianni Lo Schiavo
Publisher : Kluwer Law International B.V.
ISBN 13 : 9041186123
Total Pages : 222 pages
Book Rating : 4.0/5 (411 download)

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Book Synopsis The Role of Financial Stability in EU Law and Policy by : Gianni Lo Schiavo

Download or read book The Role of Financial Stability in EU Law and Policy written by Gianni Lo Schiavo and published by Kluwer Law International B.V.. This book was released on 2016-04-24 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the outbreak of the 2008 financial crisis, European Union (EU) institutions and Member States have engaged in a major effort to repair the architecture of economic governance of the European Economic and Monetary Union (EMU). This book takes as its starting point the unclear notion of financial stability, which only recently has received a more detailed legal analysis. It examines the evolution of the concept of financial stability during the financial crisis and provides a conceptual framework in order to demonstrate that financial stability has become a foundational objective in Europe and has set a new normative framework in EU law and policy. Arguing that financial stability is a foundational objective in EU law and policy based on certain normative instruments, this ground-breaking book provides an in-depth and original understanding of the newly developed framework to attain supranational financial stability. In its analysis of the legal implications of these new instruments, the study examines topics and issues such as the following: - the concept and normative instruments of financial stability at European level; - the renewed economic governance in Europe; - the financial assistance mechanisms developed in Europe; - the new regulatory environment for banks at European level; - the Single Supervisory Mechanism and the role of the European Central Bank (ECB) therein; and - the new framework for banking resolution, with specific focus on the Single Resolution Mechanism. The author shows in detail how an appropriate level of supranational regulation, supervision, burden-sharing and rescue measures strengthen financial stability. Thereby, the book will appeal to officials in EU institutions and agencies as well as lawyers and academics in EU law and in banking/financial law to gain a clear understanding of role of financial stability and its normative instruments in EU law and policy. Gianni Lo Schiavo is currently working as a lawyer at the ECB. He obtained a PhD in EU Law at King's College, London, and has written numerous articles and chapters in EU administrative law, EU financial/banking law and EU competition law.