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Financing of the European Union Budget

Author

Listed:
  • Iain Begg
  • Henrik Enderlein

    (Hertie School of Governance [Berlin])

  • Jacques Le Cacheux

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po, CATT - Centre d'Analyse Théorique et de Traitement des données économiques - UPPA - Université de Pau et des Pays de l'Adour, UPPA - Université de Pau et des Pays de l'Adour)

  • Mojmir Mrak

Abstract

This study is concerned with the future financing of the EU budget, including possible budgetary correction mechanisms, and is intended to feed into the budget review. The revenue side of the EU budget comprises several elements, all of which need to be assessed in appraising the functioning of the current system and whether it should be reformed. They include the revenue instruments used - the ‘own resources' (OR) - and how they are set, the means by which net contributions deemed to be excessive are adjusted, and how to ensure that the EU's revenue balances its expenditure as required by Art. 268 TEC. Such balanced budget rules are often applied to control the expenditure of sub-national governments in multi-level fiscal systems Work done in the course of this study has included an extensive literature survey and examination of relevant previous work, empirical research and policy analysis. The empirical work comprised a mix of qualitative and quantitative analysis, extensive dialogue with practitioners, and a survey directed to officials (mainly, but by no means exclusively, in finance ministries) in Member States. This research has been used to investigate both how well the current system is working and to try to provide a systematic basis for analysing options for reform.

Suggested Citation

  • Iain Begg & Henrik Enderlein & Jacques Le Cacheux & Mojmir Mrak, 2008. "Financing of the European Union Budget," Working Papers hal-03459814, HAL.
    • Handle: RePEc:hal:wpaper:hal-03459814
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03459814
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    References listed on IDEAS

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    1. Veronika Solilová & Danuše Nerudová, 2018. "Výnosový potenciál společného konsolidovaného korporátního základu daně v Evropské unii [Revenue Potential of the CCCTB in the European Union]," Politická ekonomie, Prague University of Economics and Business, vol. 2018(1), pages 78-98.
    2. Callan, Tim ed. & Barrett, Alan & Goggin, Jean & Gorecki, Paul K. & Keane, Claire & Kearney, Ide & Matthews, Alan & Walsh, John R., 2009. "Budget Perspectives 2010," Research Series, Economic and Social Research Institute (ESRI), number RS12.
    3. Fabien Candau & Jacques Le Cacheux, 2017. "Corporate Income Tax as a Genuine own Resource," Working papers of CATT hal-01847937, HAL.
    4. Jorge Núñez Ferrer & Jacques Le Cacheux & Giacomo Benedetto & Mathieu Saunier & Fabien Candau & Claude Emonnot & Florence Lachet-Touya & Jorgen Mortensen & Aymeric Potteau & Igor Taranic, 2016. "Study on the potential and limitations of reforming the financing of the EU budget [Perspectives et limites pour réformer le financement du budget de l’UE]," SciencePo Working papers Main hal-01848029, HAL.
    5. Jorge Núñez Ferrer & Jacques Le Cacheux & Giacomo Benedetto & Mathieu Saunier & Fabien Candau & Claude Emonnot & Florence Lachet-Touya & Jorgen Mortensen & Aymeric Potteau & Igor Taranic, 2016. "Study on the potential and limitations of reforming the financing of the EU budget
      [Perspectives et limites pour réformer le financement du budget de l’UE]      ," Working Papers hal-01848029, HAL.
    6. 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.

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