PERSPECTIVES OF THE FINANCIAL GOVERNANCE OF THE EUROPEAN UNION - SUSTAINABILITY OF THE EXPENDITURE FROM THE EUROPEAN BUDGET

Elena Padurean, Emil Dinga, Napoleon Pop, Cornel Ionescu (), Ionel Leonida, Emilia Campeanu, Attila Gyorgy, Marius Vorniceanu, Rodica Gherghina, Postole Anca (), Ana-Maria Bercu, Florin Preda, Alexandru Padurean and Elena Buga
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Elena Padurean: Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy
Emil Dinga: Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy
Ionel Leonida: Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy
Emilia Campeanu: Academy of Economic Studies, Bucharest, Romania
Marius Vorniceanu: Spiru Haret University, Bucharest, Romania
Florin Preda: Ministry of Public Finance, Romania
Alexandru Padurean: Academy of Economic Studies, Chisinau
Elena Buga: Academy of Economic Studies, Bucharest, Romania

Studii Financiare (Financial Studies), 2012, vol. 16, issue 1, 87-96

Abstract: The functionality of the community institutions is supported by the community budget with the aim to accomplish the goals of the community policies agreed at the level of the head of states and governments from the EU member states. The purpose of these policies focuses on the accomplishment of the process of economic, social and territorial convergence of all 27 EU member states. The candidate countries for EU accession also benefit of support instruments provided from the community budget to prepare the accession, according to the Copenhagen criteria. Within this context, the research project aims: - To evaluate the correlation and synergy between the economic governance of the EU and the community budget; - To make a scientific evaluation of the efficacy and efficiency of using the financial resources of the community budget within the context of a balanced balance sheet and in relation with the goals of the community policies; - To develop considerations on the prospective sustainability of the community budget expenditure, their possible reformation depending on new member states and redirection of the community policies. The purposes of the research project are: - Diagnosis analysis of the present structure of the community budget expenditure and determine whether they correlate with the programmatic, strategic goals of the EU stipulated in the primary and secondary legislation. - Critical analysis of the current structure of the expenditure from the community budget; - Identification of proposals for the reform of the European budgetary process.

Keywords: sustainability; European budget; convergence; financial governance (search for similar items in EconPapers)
JEL-codes: E6 F39 G28 (search for similar items in EconPapers)
Date: 2012
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