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Intereconomics

, Volume 18, Issue 5, pp 213–218 | Cite as

Budgetary policy of the European Communities: Squaring the circle

  • Gerhard Stahl
Articles EC

Abstract

The EC's budgetary problems are coming to a head. For 1983 virtually all the Community's resources have been utilized, and there are growing fears that the Community will soon have to declare itself bankrupt unless changes are made to current policy. What should be done to secure the financing of Community policies taking account of the additional financial requirements resulting from the impending accession of Spain and Portugal?

Keywords

Agricultural Policy European Council Common Agricultural Policy Community Policy Structural Policy 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. 1.
    In November 1978, the Commission submitted a communication to the Council and Parliament entitled “Financing the Community: the way ahead” (COM(78) 531 final). The European Parliament set up a working party in 1979 and in January 1981 it drew up a report on the Community's own resources (Doc. 1-772/80) which was adopted by the European Parliament. On the need for budgetary reform see also Gerhard Stahl: Die Gemeinschaft an der Grenze der finanziellen Handlungsfähigkeit, in: WIRTSCHAFTSDIENST, Vol. 60 (1980), No. 11, p. 535 ff.Google Scholar
  2. 4.
    For further details of the criticism of the existing budget structure see the Commission report of 30 May 1980, 24 June 1981 (COM(81) 300 final); the report of the Committee on Economic and Monetary Affairs on the Commission report on the mandate of 30 May 1980, 4 June 1982 (Doc. 1-307/82); Angela Nottelmann: Der Haushalt der Europäischen Gemeinschaft, Probleme und Reformvorstellungen, Hamburg 1982, p. 72 ff.Google Scholar
  3. 7.
    For further details see Article 203 of the EEC Treaty.Google Scholar
  4. 8.
    OJ No. C 302 of 3 December 1979, p. 41.Google Scholar
  5. 9.
    OJ No. C 311 of 30 November 1981.Google Scholar
  6. 10.
    OJ No. C 13 of 17 January 1983, p. 36.Google Scholar
  7. 11.
    Robert Jackson: The European Parliament's budgetary priorities, Working Paper No. 1 of the Committee on Budgets of 10 February 1982.Google Scholar
  8. 13.
    EC Bulletin 5-1980, paragraph 1.1.7.Google Scholar
  9. 14.
    Conclusions of the European Council, printed in the EP Bulletin No. 26 of 28 June 1983.Google Scholar
  10. 15.
    The future financing of the Community (COM (83) 270 final).Google Scholar
  11. 16.
    See also Article 203 of the EEC Treaty.Google Scholar
  12. 2.
    Cf. in this regard the literature on protectionist policies, e.g. Kym Anderson, Robert E. Baldwin: The Political Market for Protection in Industrial Countries: Empirical Evidence, World Bank (Staff Working Paper 492), Washington 1981; Robert E. Baldwin: The Political Economy of Postwar U.S. Trade Policy, Center for the Study of Financial Institutions, Graduate School of Business Administration, New York University (Bulletin 1976-4), New York 1976; Robert E. Baldwin: The Political Market for Governmental Initiative, University of Wisconsin (mimeo) 1979; Margaret A. Biggs: The challenge: adjust or protect?, North South Institute (Canada and Third World Trade No. 1), Ottawa 1980, Ch. 4; William A. Brock, Stephen P. Magee: Tariff Setting in a Democracy, in: John Black, Brian Hindley (eds.): Current Issues in Commercial Policy and Diplomacy. Papers of the 3rd Annual Conference of the International Economics Study Group, London 1980; Vincent Cable: Britain, the New Protectionism and Trade with the Newly Industrializing Countries, in: International Affairs 55, 1, 1979; Vincent Cable: Protectionism and Industrial Decline, London 1983; James H. Cassing: Alternatives to Protectionism, in: Irving Leveson, Jimmy W. Wheeler (eds): Western Economies in Transition. Structural Change and Adjustment in Industrial Countries, Boulder, Colorado 1980; Stephen D. Cohen: The Making of United States International Economic Policy. Principles, Problems, and Proposals for Reform, New York 1977; I. M. Destler: Making Foreign Economic Policy, Washington 1980; Hans Glismann: Einige politische Determinanten der Protektion. Eine Fallstudie. Paper for the Annual Conference of the Gesellschaft für Wirtschafts- und Sozialwissenschaft in Nuremberg, 15–17 Sept. 1980; Hans Glismann, F. Weiss: On the Political Economy of Protection in Germany, World Bank (Staff Working Paper 427), Washington 1980; Donald Keesing, Martin Wolf: Textile Quotas Against Developing Countries, Trade Policy Research Centre (Thames Essay No. 23), London 1980; Melvyn Krauss: The New Protectionism. The Welfare State and International Trade, New York 1978; Heinrich Müller-Godeffroy et al., op. cit., Ch. 6; Wendy Takacs: Pressure for Protectionism: an Empirical Analysis, in: Economic Inquiry 19, 1981; Eric Verreydt, Jean Waelbroeck: European Community Protection Against Manufactured Imports from Developing Countries: A Case Study in the Political Economy of Protection, World Bank (Staff Working Paper 432), Washington 1980.Google Scholar
  13. 3.
    See for example Robert E. Baldwin, op. cit., The Political Market for Protection in Industrial Countries: Empirical Evidence, World Bank (Staff Working Paper 492), Washington 1981; pp. 12 and 26, and Heinrich Müller-Godeffroy et al., op. cit., pp. 73 and 79.Google Scholar
  14. 5.
    With regard to this conception of adjustment policy see James H. Cassing, op. cit. Alternatives to Protectionism, in: Irving Leveson, Jimmy W. Wheeler (eds): Western Economies in Transition. Structural Change and Adjustment in Industrial Countries, Boulder, Colorado 1980; A critique of different conceptions of adjustment policy is to be found in Heinrich Müller-Godeffroy et al., op. cit., pp. 142 ff.Google Scholar
  15. 6.
    Cf. International Labour Office (ILO): Report of the Tripartite Symposium on Adjustment Assistance and Employment Restructuring in Industrialized Countries Due to Increased Trade Between Developed and Developing Countries, Geneva (mimeo) 1978; Heinrich Müller-Godeffroy et al., op. cit., pp. 150 ff., and Organisation for Economic Co-operation and Development (OECD): Adjustment for Trade, Paris 1975.Google Scholar

Copyright information

© HWWA and Springer-Verlag 1983

Authors and Affiliations

  • Gerhard Stahl
    • 1
  1. 1.Socialist Group of the European ParliamentBrussels

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