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Author: Mark Hallerberg Publisher: Cornell University Press ISBN: 9780801442711 Category : Business & Economics Languages : en Pages : 268
Book Description
Under European Monetary Union, member states lose the ability to steer their economies by manipulating monetary policy. Domestic Budgets in a United Europe, which explains the content, evolution, and effectiveness of fiscal institutions, will be the definitive account of European budget reform in the late twentieth century.Mark Hallerberg examines the making of budgets in EU countries from 1973 to 2000 and explores why those countries introduced fiscal rules when they did. In 1993, when the fiscal-policy criteria for monetary union were first announced, only Luxembourg and the Republic of Ireland would have qualified. In 1997, only Greece failed. Various explanations have been advanced for this rapid turnaround, including luck (a favorable economic climate reduced pressures on local budgets), accounting tricks, and the increasing pressures caused by international capital mobility. Underlying these various explanations is a basic skepticism about whether countries in the European Union actively worked to reform their national budgeting procedures. In rich case studies, Hallerberg shows that the member-states did indeed reform their budget institutions. Many of them, he finds, had started that process long before the formal signing of the Maastricht Treaty of 1991, making domestic changes that allowed them to qualify individually under EMU criteria.
Author: Mark Hallerberg Publisher: Cornell University Press ISBN: 9780801442711 Category : Business & Economics Languages : en Pages : 268
Book Description
Under European Monetary Union, member states lose the ability to steer their economies by manipulating monetary policy. Domestic Budgets in a United Europe, which explains the content, evolution, and effectiveness of fiscal institutions, will be the definitive account of European budget reform in the late twentieth century.Mark Hallerberg examines the making of budgets in EU countries from 1973 to 2000 and explores why those countries introduced fiscal rules when they did. In 1993, when the fiscal-policy criteria for monetary union were first announced, only Luxembourg and the Republic of Ireland would have qualified. In 1997, only Greece failed. Various explanations have been advanced for this rapid turnaround, including luck (a favorable economic climate reduced pressures on local budgets), accounting tricks, and the increasing pressures caused by international capital mobility. Underlying these various explanations is a basic skepticism about whether countries in the European Union actively worked to reform their national budgeting procedures. In rich case studies, Hallerberg shows that the member-states did indeed reform their budget institutions. Many of them, he finds, had started that process long before the formal signing of the Maastricht Treaty of 1991, making domestic changes that allowed them to qualify individually under EMU criteria.
Author: C. Mulas-Granados Publisher: Springer ISBN: 023050163X Category : Business & Economics Languages : en Pages : 331
Book Description
Motivated by the proliferation of fiscal consolidation episodes in the advent of Monetary Union, this book explains the causes and consequences of fiscal policy in Europe, using theory and empirical evidence from the last four decades.
Author: J. Wehner Publisher: Springer ISBN: 0230281575 Category : Political Science Languages : en Pages : 193
Book Description
What is the role of legislatures in the budget process? Do powerful assemblies give rise to pro-spending bias? This survey of legislative budgeting tackles these questions using cross-national data and case studies. It highlights the tension between legislative authority and prudent fiscal policy, exploring strategies for reconciliation.
Author: Mark Hallerberg Publisher: Cambridge University Press ISBN: 0521857465 Category : Business & Economics Languages : en Pages : 247
Book Description
Based on data from European Union countries, this book presents a theoretical framework to discuss how governments coordinate budgeting decisions.
Author: James D. Savage Publisher: OUP Oxford ISBN: 0191557358 Category : Political Science Languages : en Pages : 256
Book Description
The Maastricht Treaty and the Stability Growth Pact demand that EU member states comply with their famous deficit and debt requirements of three and sixty per cent of GDP. Yet, how can the EU's leaders be certain that these targets are met? Is a three per cent deficit in Belgium equivalent to one in Italy or France? Making the EMU explores how the Treaty's budgetary surveillance procedure monitors member state budgetary policies, harmonizes their budgetary data, and effectively determines which member states qualified for member status and are subject to the Pact's sanctions. This book provides the first examination of how the EU entrusted the credibility of these critical budgetary figures to a relatively minor European Commission agency, and what effect the surveillance procedure has on the making of the EMU and the enforcement of Maastricht.
Author: Knud Erik Jørgensen Publisher: SAGE ISBN: 1446206491 Category : Political Science Languages : en Pages : 613
Book Description
′This volume is one to which anyone trying to make sense of the EU of the early 21st century will return again and again. A terrific line-up that combines diverse talents from North America and Europe. Few books of this kind could live up to the billing ′definitive benchmark′, but this one certainly does′ - John Peterson, University of Edinburgh ′A most useful book that can be highly recommended. A strong analytical framework coupled with unparalleled coverage of the major issues of the political science research of the EU makes this volume a formidable tool for teaching and a significant input to new scholarly research. It is both relatively sophisticated and very accessible to graduate students and advanced researchers. The clear writing style and the richness of information presented will certainly make this book interesting for non-academic readers′ - Igor Vidacak, Institute for International Relations, Zagreb - Journal of Common Market Studies ′An admirably comprehensive source book for those interested in how the tools of political science inspire EU area studies. The editors enlist leading researchers to synthesize the state of the art in their field of expertise. The Handbook of European Union Politics will be an indispensable intellectual resource for researchers, teachers, and graduate students of the European Union′ - Liesbet Hooghe, University of North Carolina at Chapel Hill, USA ′Presents an excellent overview of political science research on the EU. It finds the right balance between establishing the state of the art and pointing the reader to theoretical diversity. Highly recommended for advanced students and scholars looking for quick and solid orientation in a fragmented field - and for new ideas for research′ - Frank Schimmelfennig, ETH Zurich, Switzerland ′This is a milestone in the study of EU politics. The authors include the most knowledgeable practitioners in the field, and collectively they provide a comprehensive and highly competent overview of the state of theory and research on EU institutions, politics and policies′ - Fritz Scharpf, Max Planck Institute for the Study of Societies, Germany The European Union (EU) poses quite profound questions for scholars and students of the social and political sciences. This benchmark handbook is designed to: - provide an authoritative state-of-the art guide to the scope of the field suitable for both established scholars and students of the EU - reflect and contribute to the debates about the nature of the field of EU studies and EU politics in particular - explore in detail the development of the many approaches to the study of EU politics. Divided into four sections, the Handbook focuses on theorizing European integration; the EU as polity; politics and policy making in the EU; and the EU and the international system. Its appeal will reside not only in its comprehensive and authoritative coverage of the field, but also in the quality of its contributors, and the diversity of theoretical and methodological approaches included. The resulting volume is a ′must have′ for all scholars and advanced students of the EU and European integration.
Author: D. Phinnemore Publisher: Springer ISBN: 0230232833 Category : Political Science Languages : en Pages : 260
Book Description
Exploring the development of the European Union, this book examines the ways in which it has been studied over fifty years from the vantage point of four disciplines, each side of the Atlantic, and both academic and practitioner perspectives. Drawing on contributions by some of the world's leading scholars in the field, it maps the past and present of both the EU and EU studies before setting out a provocative agenda for future work in the area.
Author: Sebastian Hartmann Publisher: Springer ISBN: 365808197X Category : Political Science Languages : en Pages : 359
Book Description
Sebastian Hartmann aims at answering the question whether socioeconomic policies implemented by governments are generally rather similar or whether their content actually varies with the ideological background of governments. In addition, he wants to find out whether government characteristics such as coalition or minority situations impact the degree of partisan policy-making. The author employs a new dataset of social and economic policies collected for several Western European countries. By conducting a wide range of empirical analyses and by using an innovative approach for analysing the policy output, he shows that ideology indeed matters. However, the degree of its influence is contingent upon structural characteristics of governments.
Author: Anand Menon Publisher: Oxford University Press, USA ISBN: 0199291101 Category : Law Languages : en Pages : 384
Book Description
Comparative federalism is an important topic, with scholarly work comparing the US & EU 'proliferating rapidly'. This volume seeks to build on & contribute to this literature, by developing a systematic comparison of the institutions, policies & developmental patterns of the European Union & the United States.
Author: John Wanna Publisher: Edward Elgar Publishing ISBN: 1784718963 Category : Business & Economics Languages : en Pages : 365
Book Description
The global financial crisis of 2007–09 constituted the biggest shock to the economies of the OECD nations since the Second World War and caused most of their governments to move into intense crisis mode. They made significant adjustments to their fiscal policy regimes, including massive interventions to stabilize markets and economies. But how they reacted to the crisis, and what measures they took to deal with it, still underpin their economic and budgetary positions. This singular shock provides the editors and authors of this book with an intriguing opportunity to examine how different OECD budgetary systems performed. Chapters cover the EU, North America and Asia, assessing how governments responded to the challenge and how their budget systems evolved in the aftermath.
Author: Mark Hallerberg
Author: Mark Hallerberg
Author: C. Mulas-Granados
Author: J. Wehner
Author: Mark Hallerberg
Author: James D. Savage
Author: Knud Erik Jørgensen
Author: D. Phinnemore
Author: Sebastian Hartmann
Author: Anand Menon
Author: John Wanna