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Comments to the CEPS policy brief “A new Budget for the European Union?”
Contribution of Indhira Santos to the on-line debate organised by Notre Europe on the CEPS policy brief “A new budget for the European Union?” by Alfonso Iozzo, Stefano Micossi and Maria Teresa Salvemini
Contribution of Indhira Santos to the on-line debate organised
by Notre Europe on the CEPS
policy brief “A new budget for the European Union?” by Alfonso Iozzo,
Stefano Micossi and Maria Teresa Salvemini
Iozzo et al (2008) do a great job in identifying the main issues in the EU Budget’s expenditures, revenues and decision-making process and put forward an innovative proposal to address these shortcomings. The authors’ proposal relies on dividing up the EU budget expenditures in three
categories – redistributive, EU public goods and capital expenditures – and having a differential funding structure for each expense class. In doing so, the authors try to link closer together the expenditure and revenue sides of the EU budget and reduce the detrimental effects of net balances on expenditure quality. The paper further recognizes the constraints imposed by the political process in the EU budget where indeed many expenditures are redistributive in nature. It is ambitious in that it foresees the creation of an EU tax and effectively joint issuance of bonds and, in terms of economic efficiency, points at the right direction. Its practicality and its final effect on the distribution of expenditures are less obvious, however…
SUR LE MÊME THÈME
ON THE SAME THEME
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Paris, 12 April 2019 – Session no.6 of the Académie Notre Europe: economic and monetary Union
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Strasbourg, 3 October 2018 – Presentation of the report “Making better use of public funding: The role of NPBIs in the next EU budget”
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Paris, 12 June 2018 – Hearing by the Special Rapporteur on Budget for European affairs of the French National Assembly
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Brussels, 6 June 2018 – Cohesion Policy and the new MFF
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Paris, 28 May 2018 – Budget meetings: the new EU financial framework
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Budapest, 24 May 2018 – The Money Trail to Europe’s Future: the Multi-Annual Financial Framework and the EU’s priorities post-2020
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Nicosia, 16 March 2018 – The political landscape of EMU reform
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Sofia, 9 March 2018 – The future of the EU budget
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Brussels, 22 November 2017 – The future of the European budget
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Brussels, 25 September 2017 – Conference on the Future of EU Finances
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Paris, 21 July 2017 – The future of the Eurozone and the Multiannual Financial Framework
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