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Europe's financial perspectives in perspective

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Author Info
George Gelauff ()
Herman Stolwijk ()
Paul Veenendaal ()
Abstract

The budget of the European Union raises much commotion. Many member states anxiously guard their net payment positions: don't they pay too much for the EU compared to what they receive from the EU? Yet, from an economic perspective the subsidiarity principle is much more important: should the funds be allocated by the Union or by the individual member states? From that angle, a number of fundamental reforms of European agricultural policy and structural actions (support to lagging regions) suggest themselves. These reform options may roughly halve the EU budget. In addition they happen to bring the net payment positions of member states closer together.

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Paper provided by CPB Netherlands Bureau for Economic Policy Analysis in its series CPB Documents with number 101.

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Date of creation: Nov 2005
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Handle: RePEc:cpb:docmnt:101

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Related research
Keywords: EU-budget; economic integration; subsidiarity; common agricultural policy; structural actions; tariff incidence;

Find related papers by JEL classification:
F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
H7 - Public Economics - - State and Local Government; Intergovernmental Relations
C67 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Input-Output Models
Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
R58 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Regional Development Policy

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. S.Brakman & H.Garretsen & Joeri Gorter & Albert van der Horst & Marc Schramm, 2005. "New economic geography, empirics, and regional policy," CPB Special Publications 56, CPB Netherlands Bureau for Economic Policy Analysis. [Downloadable!]
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  2. Sjed Ederveen & Joeri Gorter & Ruud de Mooij & Richard Nahuis, 2003. "Funds and Games: The Economics of European Cohesion Policy," Occasional Papers 03, European Network of Economic Policy Research Institutes. [Downloadable!]
  3. Harald Badinger, 2005. "Growth Effects of Economic Integration: Evidence from the EU Member States," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 141(1), pages 50-78, April. [Downloadable!] (restricted)
  4. Jeffrey Frankel & Andrew Rose, 2002. "An Estimate Of The Effect Of Common Currencies On Trade And Income," The Quarterly Journal of Economics, MIT Press, vol. 117(2), pages 437-466, May. [Downloadable!] (restricted)
    Other versions:
  5. Ruud de Mooij & Paul Tang, 2003. "Four Futures of Europe," CPB Special Publications 49, CPB Netherlands Bureau for Economic Policy Analysis. [Downloadable!]
  6. Joshua J. Lewer & Hendrik Van den Berg, 2003. "How Large Is International Trade's Effect on Economic Growth?," Journal of Economic Surveys, Blackwell Publishing, vol. 17(3), pages 363-396, 07. [Downloadable!] (restricted)
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This page was last updated on 2009-12-4.

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