Fiscal effects of accession in the new Member States
AbstractThe paper looks at the evidence on the widespread hypothesis in the academic literature and by some of the new Member States' governments that accession will bring about fiscal strains and requires higher budget deficits. It starts by calculating the expected new Member States' payments from the EU budget and looks at the issues of additionality and national co-financing of EU funds. Other possible fiscal effects from accession are briefly discussed.
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Bibliographic InfoPaper provided by Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission in its series European Economy - Economic Papers with number 203.
Length: 23 pages
Date of creation: May 2004
Date of revision:
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taxation; fiscal policy; budget deficit; EU budget; Hallet; accession; fiscal effects of accession; new member states;
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- Mojmir MRAK & Vasja RANT, 2006. "Challenges of EU and new member states in financial perspective 2007-2013: convergence and absorption of available cohesion resources," Departmental Working Papers 2006-09, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
- Ondrej Schneider, 2007.
"The EU Budget Dispute – A Blessing in Disguise?,"
Czech Journal of Economics and Finance (Finance a uver),
Charles University Prague, Faculty of Social Sciences, vol. 57(7-8), pages 304-323, September.
- Ondřej Schneider, 2007. "The EU Budget Dispute - A Blessing in Disguise?," Working Papers IES 2007/14, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Apr 2007.
- Ondrej Schneider, 2006. "The EU Budget Dispute - A Blessing in Disguise?," Research and Policy Notes 2006/01, Czech National Bank, Research Department.
- Ondrej Schneider, 2007. "The EU Budget Dispute – A Blessing in Disguise?," CESifo Working Paper Series 1986, CESifo Group Munich.
- Vincelette, Gallina Andronova & Vassileva, Iglika, 2006. "Untangling the maze of European Union funds to Bulgaria," Policy Research Working Paper Series 3962, The World Bank.
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