The EU budget and UK contribution

Iain Begg

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: The European Union budget is small and fulfils only a limited range of functions, yet it provokes regular disputes among the Member States and institutions of the Union. This paper describes the structure of the budget and shows that standard theories, such as fiscal federalism, are not well-suited to analysing how the EU budget operates or the political economy behind it. The paper then looks at how much the UK contributes towards the EU budget and explains why some of the claims made about it in the public discourse are inaccurate.

Keywords: European Union budget; fiscal federalism; UK referendum on EU; EU cohesion policy; common agricultural policy; own resources (search for similar items in EconPapers)
JEL-codes: H11 H61 (search for similar items in EconPapers)
Date: 2016-05-10
New Economics Papers: this item is included in nep-ger, nep-pke and nep-pol
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Citations: View citations in EconPapers (6)

Published in National Institute Economic Review, 10, May, 2016, 236(1), pp. 39-47. ISSN: 0027-9501

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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:67030

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