European budget and sustainable growth

Table Of Contents

• Cover
• Title
• Copyright
• About the author
• About the book
• This eBook can be cited
• Table of contents
• Part I: Fiscal policy in the European Union
• Chapter 1: Introduction
• Chapter 2: Fiscal rules in the Monetary Union
• 1. The logic underlying the process towards the Maastricht Treaty
• 2. Maastricht constraints and fiscal policy
• 3. From Maastricht constraints to the Stability Pact
• 4. The content of the Stability and Growth Pact
• 5. From the SGP to the Fiscal Compact
• 6. The need for quantitative limits on the deficit
• Chapter 3: The structure of the Monetary Union
• 1. The degree of centralisation within the Monetary Union
• 2. Reform proposals of EMU governance
• 3. A new fiscal architecture of the Eurozone
• 4. A budget for the Eurozone
• 5. A revised structure of the EU budget
• 6. A reform of the Multiannual Financial Framework
• 7. The increase in the size of the EU budget
• 8. The unavoidable institutional changes
• Chapter 4: Stabilisation of the European economy
• 1. The policy of stabilisation of the European economy
• 2. The inadequacy of the solutions called for in the Maastricht Treaty
• 3. The regional stabilisation policy
• 4. A European Unemployment Reinsurance Fund (EURF)
• 5. A Rainy-Day Fund
• Chapter 5: European policy promoting sustainable growth
• 1. Weakness of economic policy management in the European Union
• 2. The limits of national expansionary policies
• 3. A policy promoting investments and production of public goods
• 4. The Juncker Plan: a turning point, but not enough
• 5. New resources for funding the Juncker Plan
• 6. The External Investment Plan
• Part II: New resources for the EU budget
• Chapter 6: New own resources for the EU budget
• 1. Double dividend and fiscal reform
• 2. Other factors impacting on the fiscal structure
• 3. A new structure for the fiscal system
• 4. A gradual reform plan
• 5. Progressivity in financing the EU budget
• 6. The theory behind the progressive surtax
• 7. New sources of revenue for the EU budget
• 7.1. Financial Transactions Tax
• 7.2. Value Added Tax
• 7.3. Corporation Income Tax
• 7.4. Digital Tax
• Chapter 7: The Carbon Tax
• 1. The rationale behind energy taxation
• 2. A first European proposal of an energy-carbon tax
• 3. The design of the energy/carbon tax
• 4. From the carbon-energy tax proposal to the Emissions Trading System
• 5. Limits of the Kyoto Agreement on curbing CO2 emissions
• 6. A proposed revision of taxation of energy products
• 7. Carbon tax and border tax adjustments
• 8. A carbon tax for financing the EU budget
• 9. Carbon tax and the Energy and Environment Agency
• Chapter 8: Carbon leakage and border tax adjustments
• 1. The relation between trade rules and environmental protection
• 2. Domestic and global environmental goods
• 3. Carbon leakages and external competitiveness
• 4. The Rationale for Border Tax Adjustments
• 5. Border Tax Adjustments and WTO Rules
• 6. Tax Exemptions and Border Tax Adjustments
• 7. The relevant role of border tax adjustment as a complement to carbon pricing
• Chapter 9: Conclusions
• References
• Seires Index