The Multiannual Financial Framework: reforms and path-dependent development of the EU budget

Robert Kaiser

Chapter 6 in Features and Challenges of the EU Budget, 2019, pp 73-92 from Edward Elgar Publishing

Abstract: The European Union has negotiated the post-2020 Multiannual Financial Framework (MFF) in times of multiple crises phenomena. Even though many arguments have been made in favour of substantial budgetary reforms, significant changes of the next MFF are not very likely. The chapter argues that the MFF has to be understood as a complex institutional structure that, established in 1988 to minimize severe conflicts among member states about the European budget, has since developed along a stable institutional path. As a consequence, there are strong barriers against radical structural reforms while changes at the level of instruments and mechanisms are well possible. The chapter substantiates potential patterns of stability and change by analysing the structural, the process and the policy levels of the post 2020 MFF.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2019
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