IDEAS home Printed from https://ideas.repec.org/h/pal/dofeco/v5year2011doi3858.html
   My bibliography  Save this book chapter

European Union Budget

Author

Listed:
  • Mojmir Mrak

Abstract

The EU budget is a tool through which money is collected and allocated for EU policies and objectives as well as for the tasks transferred to it from the national level. This article starts by presenting the concept and evolution of the EU budget. It then discusses the principles and procedures governing its adoption and implementation, presenting the key features of the expenditure and revenue sides of the EU budget. The main deficiencies of the EU budget are addressed, including the problems of correction mechanisms and net balances. Finally, the challenges faced by the EU at the outset of the negotiations about the post-2013 EU budget are outlined.

Suggested Citation

  • Mojmir Mrak, 2011. "European Union Budget," The New Palgrave Dictionary of Economics,, Palgrave Macmillan.
    • Handle: RePEc:pal:dofeco:v:5:year:2011:doi:3858
    as

    Download full text from publisher

    File URL: http://www.dictionaryofeconomics.com/article?id=pde2011_E000333
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mojmir Mrak & Sandor Richter & Tamás Szemlér, 2015. "Cohesion Policy as a Function of the EU Budget: A Perspective from the CEE Member States," wiiw Research Reports 400, The Vienna Institute for International Economic Studies, wiiw.

    More about this item

    Keywords

    EU; EU annual budget; EU medium-term financial perspectives; public finances;
    All these keywords.

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • G1 - Financial Economics - - General Financial Markets

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:dofeco:v:5:year:2011:doi:3858. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sheeja Sanoj (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.