National Budgeting for Economic and MonetaryUnion

National Budgeting for Economic and MonetaryUnion

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Although the need for fiscal coordination and for controlling national spending in particular have been widely justified, relatively little attention has been paid to identifying and analyzing concrete measures to make this feasible. Most studies on these aspects of the Economic and Monetary Union have been concerned with questions as to why the need exists for fiscal convergence and to what degree is it desirable. Attention has only recently been focused on examining what budgetary measures (rules, procedures, structures) can be taken by the Commission or finance ministries for European convergence.
The objective of this book is to discuss and suggest alternative policy-option initiatives at EC and national levels encouraging convergent financial management behaviour. Analyses are focused on the following important questions: `What is the current capacity of EC and national governments to manage public spending? ' ; `What budgetary strategies are available to reduce deficits? '; `What should the role of the Commission be under these circumstances? '; `What is the Member States' responsibility for managing national budgets? ' ; `What budgetary norms and rules should be proposed and negotiated to guarantee convergence of integration? ' ; `What strategic and structural arrangements could facilitate integration? ' , etc.
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Product details

  • Hardback | 232 pages
  • 162.56 x 243.84 x 17.78mm | 521.63g
  • Dordrecht, Netherlands
  • English
  • 1993 ed.
  • 0792325893
  • 9780792325895

Table of contents

National Budgeting for European Convergence, E. Zapico-Gi; Convergence in Europe - State of Affairs, A. Italianer; The Role of Budgeting Procedures for Improving the Fiscal Performance of the Member States of the EC, J. von Hagen; Budget - Objectives, Norms and Procedures, I. Harden; Budget Flexibility of EC Member States in the Run-Up to Economic and Monetary Union, J. de Haan, C. Sterks, F. de Kam; Adapting National Spending Behaviour for European Convergence, E. Zapico-Gi; Securing Budgetary Convergence within the European Community without Central Direction, A. Wildavsky. Annex: National Positions on Convergence: Belgium, L. De Ryck; Denmark, C. Falun-Jensen; Germany, C. Schloenbach; Greece, D. Dritsas; Spain, Ruiz-Huerta Carbonell; France, L. Beduc; Ireland, N. O'Gorman; Italy, L. Carfora, P. Cappellacci; United Kingdom, S. Matthews.
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