The Maastricht Treaty and the Stability Growth Pact demand that EU member states comply with their famous deficit and debt requirements of 3 and 60 per cent of GDP. Yet, how can the EU's leaders be certain that these targets are met? Is a 3 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.

Making the EMU: The Politics of Budgetary Surveillance and the Enforcement of Maastricht

Business & Money

Savage, James D.

Economics

Oxford University Press

The Maastricht Treaty and the Stability Growth Pact demand that EU member states comply with their famous deficit and debt requirements of 3 and 60 per cent of GDP. Yet, how can the EU's leaders be certain that these targets are met? Is a 3 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.

Since the 1950s, the federal government has relied on the peer review system for funding academic science. Peer review, however, is under attack for being a biased system that helps rich research universities get richer. As a remedy for these biases, university presidents and members of Congress have turned to the earmarking of science projects and facilities in the federal budget. Funding Science in America explores both the pros and the cons of the academic earmarking issue and explains why this issue has caused a rift within the nation's science community.

Funding Science in America: Congress, Universities, and the Politics of the Academic Pork Barrel

Reference

Encyclopedias & Subject Guides

Cambridge University Press

Since the 1950s, the federal government has relied on the peer review system for funding academic science. Peer review, however, is under attack for being a biased system that helps rich research universities get richer. As a remedy for these biases, university presidents and members of Congress have turned to the earmarking of science projects and facilities in the federal budget. Funding Science in America explores both the pros and the cons of the academic earmarking issue and explains why this issue has caused a rift within the nation's science community.

Looks at the history of public opinion concerning a balanced federal budget and analyzes the budget policy of recent administrations

Balanced Budgets and American Politics

Cornell Univ Pr

Winner of the Harold D. Lasswell Award from the American Political Science Association. A Choice Outstanding Academic Book for 1988-89 "The ideology of a balanced federal budget has maintained a remarkable hold over American politics. No generation has been free from pitched battles over national debt. In this lively and well-written book, James D. Savage contends that the federal deficit must be understood as a primarily political, not an economic, phenomenon whose symbolism has shaped more than two hundred years of American economic policy."---Journal of Politics

Cornell University Press

Reconstructing Iraq's Budgetary Institutions: Coalition State Building after Saddam

The invasion of Iraq led to a costly nine-year state-building and reconstruction effort. Reconstructing Iraq's budgetary institutions proved to be a vital element of the state-building project, as allocating Iraq's growing oil revenues to pay salaries and pensions, build infrastructure, and provide essential public services played a key role in the Coalition's counterinsurgency strategy. Consistent with the literature on state building, failed states, peacekeeping, and foreign assistance, this book argues that budgeting is a core state activity necessary for the operation of a functional government. Employing a historical institutionalist approach, this book first explores the Ottoman, British, and Ba'athist origins of Iraq's budgetary institutions. The book next examines American pre-war planning, the Coalition Provisional Authority's rule making and budgeting following the invasion of Iraq in 2003, and the mixed success of the Coalition's capacity-building programs initiated throughout the occupation. The budgetary process introduced by the Coalition offered a source of institutional stability in the midst of insurgency, sectarian division, economic uncertainty, and occupation. This book sheds light on the problem of "outsiders" building states, contributes to a more comprehensive evaluation of the Coalition in Iraq, addresses the question of why Iraqis took ownership of some Coalition-generated institutions, and helps explain the nature of institutional change.

Every government engages in budgeting and public financial management to run the affairs of state. Effective budgeting empowers states to prioritize policies, allocate resources, and discipline bureaucracies, and it contributes to efficacious fiscal and macroeconomic policies. Budgeting can be transparent, participatory, and promote democratic decision-making, or it can be opaque, hierarchical, and encourage authoritarian rule. This book compares budgetary systems around the world by examining the economic, political, cultural, and institutional contexts in which they are formulated, adopted, and executed. The second edition has been updated with new data to offer a more expansive set of national case studies, with examples of budgeting in China, India, Indonesia, Iraq, and Nigeria. Chapters also discuss Brexit and the European Union's struggle to require balances budgets during the Euro Debt Crisis. Additionally, the authors provide a deeper analysis of developments in US budgetary policies from the Revolutionary War through the Trump presidency.\nBook Description\nThis analysis of budgetary systems and policies across the world examines how politics, culture, and economics influence public finance.

Comparative Public Budgeting: Global Perspectives on Taxing and Spending

Guess, George M.

See the best price to sell, buy, or rent books by Savage, James D.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Savage, James D.

See the best price to sell, buy, or rent books by Savage, James D.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Making the EMU: The Politics of Budgetary Surveillance and the Enforcement of Maastricht

Making the EMU: The Politics of Budgetary Surveillance and the Enforcement of Maastricht

Funding Science in America: Congress, Universities, and the Politics of the Academic Pork Barrel

Funding Science in America: Congress, Universities, and the Politics of the Academic Pork Barrel

Funding Science in America: Congress, Universities, and the Politics of the Academic Pork Barrel

Balanced Budgets and American Politics

Balanced Budgets and American Politics

Reconstructing Iraq's Budgetary Institutions: Coalition State Building after Saddam

Comparative Public Budgeting: Global Perspectives on Taxing and Spending

Reconstructing Iraq's Budgetary Institutions: Coalition State Building after Saddam