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The EU Budget and UK Contribution

Author

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  • Iain Begg

Abstract

The European Union budget is small and fulfils only a limited range of functions, yet it provokes regular disputes among the Member States and institutions of the Union. This paper describes the structure of the budget and shows that standard theories, such as fiscal federalism, are not well-suited to analysing how the EU budget operates or the political economy behind it. The paper then looks at how much the UK contributes towards the EU budget and explains why some of the claims made about it in the public discourse are inaccurate.

Suggested Citation

  • Iain Begg, 2016. "The EU Budget and UK Contribution," National Institute Economic Review, National Institute of Economic and Social Research, vol. 236(1), pages 39-47, May.
    • Handle: RePEc:sae:niesru:v:236:y:2016:i:1:p:39-47
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    File URL: http://ner.sagepub.com/content/236/1/39.abstract
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    Cited by:

    1. Begg, Iain, 2017. "Making sense of the costs and benefits of Brexit: challenges for economists," LSE Research Online Documents on Economics 83587, London School of Economics and Political Science, LSE Library.

    More about this item

    Keywords

    European Union budget; fiscal federalism; UK referendum on EU; EU cohesion policy; common agricultural policy; own resources;
    All these keywords.

    JEL classification:

    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems

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