Refocusing the Eu Budget – An Institutional View

There is little disagreement that the EU budget should be refocused. Redistributive agricultural and structural spending should be reduced in favor of more public good spending as the Boege and Sapir reports demand. But a public choice analysis can show that the current deadlock makes a refocusing o...

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Bibliographic Details
Published in:Public finance and management 2009-12, Vol.9 (4), p.536-579
Main Authors: Blankart, Charles B., Koester, Gerrit B.
Format: Article
Language:English
Subjects:
Agriculture
Asset allocation
Budget
Budgets
Decision making
EU membership
Expenditures
GDP
Government spending
Gross Domestic Product
Infrastructure
Management
Public finance
Public good
Studies
Treaties
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Summary:There is little disagreement that the EU budget should be refocused. Redistributive agricultural and structural spending should be reduced in favor of more public good spending as the Boege and Sapir reports demand. But a public choice analysis can show that the current deadlock makes a refocusing of the budget unlikely. Starting with the Treaty of Rome we demonstrate how Member States became net payers and receivers and why the underlying coalitions were fairly stable and will remain so after Lisbon. We propose an additional public good budget within an improved process of enhanced cooperation to overcome the deadlock.
ISSN:1523-9721
1523-9721
DOI:10.1177/152397210900900404