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 Contribution of the European Court of Auditors to EU Financial Accountability in Times of Crisis

Author : María-Luisa Sánchez-Barrueco
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Contribution of the European Court of Auditors to EU Financial Accountability in Times of Crisis by : María-Luisa Sánchez-Barrueco

Download or read book The Contribution of the European Court of Auditors to EU Financial Accountability in Times of Crisis written by María-Luisa Sánchez-Barrueco and published by . This book was released on 2015 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial accountability, as the obligation of public institutions to explain the way in which they manage public funds before the citizens or their representing fora, is undoubtedly linked to systemic legitimacy in any political system, especially in times of economic harshness. Within the European Union, the institution embodying financial accountability is the European Court of Auditors (ECA). This paper represents a critical appraisal of the contribution of the ECA to restoring trust among European citizens. After recalling the theoretical link between financial accountability and legitimacy, a section highlights the particularities of financial management in a system of multilevel governance as the EU. The ECA's institutional setup is then revised, in order to pinpoint potential gaps in its design that would reduce its effectiveness as the EU financial watchdog. Finally, attention is brought to the increased involvement of the ECA in solutions aimed at coping with the financial crisis. Recent developments show that the ECA is fully embarked in an institutional strategy to help cope with the financial and legitimacy crisis in the European Union.

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.

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.

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:

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.

The Illusion of Accountability in the European Union

Author : Sverker Gustavsson
Publisher : Routledge
ISBN 13 : 1135220581
Total Pages : 410 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 410 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

Financial Accountability in the European Union

Author : Paul Stephenson
Publisher : Routledge
ISBN 13 : 1000223574
Total Pages : 443 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 443 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.

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.

Blaming Europe?

Author : Sara B. Hobolt
Publisher : OUP Oxford
ISBN 13 : 0191643963
Total Pages : 209 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis Blaming Europe? by : Sara B. Hobolt

Download or read book Blaming Europe? written by Sara B. Hobolt and published by OUP Oxford. This book was released on 2014-02-13 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: A key component of democratic accountability is that citizens understand 'who is to blame'. Nonetheless, little is known about how citizens attribute responsibility in the European Union or how those perceptions of responsibility matter. This book presents the first comprehensive account of how citizens assign blame to the EU, how politicians and the media attempt to shift blame and finally, how it matters for electoral democracy. Based on rich and unique data sources, Blaming Europe? sheds light on all three aspects of responsibility in the EU. First, it shows that while institutional differences between countries shape citizen judgements of EU responsibility, those judgements are also highly determined by pre-existing attitudes towards the EU. Second, it demonstrates that neither politicians nor the media assign much blame to the EU. Third, it establishes that regardless of whether voters are capable of accurately assigning responsibility, they are not able to hold their EU representatives to account via the ballot box in European elections due to the lack of an identifiable 'European government' to reward or punish. As a consequence, when citizens hold the EU responsible for poor performance, but are unable to sanction an EU incumbent, they lose trust in the EU as a whole instead. In conclusion, it argues that this 'accountability deficit' has significant implications for the future of the European Union.

Integrated Financial and Accountability Reporting

Author :
Publisher :
ISBN 13 : 9789276534082
Total Pages : 0 pages
Book Rating : 4.5/5 (34 download)

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Book Synopsis Integrated Financial and Accountability Reporting by :

Download or read book Integrated Financial and Accountability Reporting written by and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The integrated financial and accountability reporting package brings together comprehensive information on the implementation, performance, results, sound financial management and protection of the EU budget in 2020. It consists of five reports. These documents provide essential input for the annual discharge procedure, through which the European Parliament and the The integrated financial and accountability reporting package brings together comprehensive information on the implementation, performance, results, sound financial management and protection of the EU budget in 2021. It consists of five reports. These documents provide essential input for the annual discharge procedure, through which the European Parliament and the Council of the European Union hold the Commission accountable for the way it manages the EU budget. This is in line with the highest international standards for transparency and accountability. This brochure highlights the key messages of these reports and explains the main features of the EU budget.

Accountability and Regulatory Governance

Author : A. Bianculli
Publisher : Springer
ISBN 13 : 1137349581
Total Pages : 422 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis Accountability and Regulatory Governance by : A. Bianculli

Download or read book Accountability and Regulatory Governance written by A. Bianculli and published by Springer. This book was released on 2014-12-18 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection improves our understanding of the problems associated to accountability in regulatory governance, focusing on audiences, controls and responsibilities in the politics of regulation and through a systematic exploration of the various mechanisms through which accountability in regulatory governance