The proposals of the Eu Multiannual Budget Commission
Eu budget system is based on a decision - i.e. the multiannual financial framework - that covers a period of seven years (2014-2020) and in which big revenue and expenditure items are fixed. This decision starts up through a Commission proposal to the Parliament and the Council, which finally will decide. This proposal is very conservative, both in terms of size and in terms of structure of the expenditure. Eu budget will remain quite small (1.1% of Eu GDP). The obstacle is that three quarters of the resources of this budget depend on transfers from Member States' budgets. The framework of expenditure continues to be dominated by the CAP - although its weight is decreasing - and by the Structural Funds. It is difficult to intervene in policies whose benefits distribute unequally among various Countries. Administration expenditure is substantially unchanged. Among the innovative proposals, the most interesting provides for a tax on financial transactions (Tobin tax), since it would give considerable weight to Eu-own resources.
Volume (Year): (2011)
Issue (Month): 3 ()
|Contact details of provider:|| |
When requesting a correction, please mention this item's handle: RePEc:mul:jqyfkm:doi:10.1432/36154:y:2011:i:3:p:439-448. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.