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Item Details
Title:
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MAKING THE EMU
THE POLITICS OF BUDGETARY SURVEILLANCE AND THE ENFORCEMENT OF MAASTRICHT |
By: |
James D. Savage |
Format: |
Paperback |

List price:
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£48.49 |
We currently do not stock this item, please contact the publisher directly for
further information.
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ISBN 10: |
0199238693 |
ISBN 13: |
9780199238699 |
Publisher: |
OXFORD UNIVERSITY PRESS |
Pub. date: |
6 December, 2007 |
Pages: |
256 |
Description: |
By examining the politics of the European Commission and its management of the Maastricht Treaty's budgetary surveillance procedure, this book provides major new insights into the processes by which specific member states qualified for EMU status and became subject to the sanctions of the Stability and Growth Pact. |
Synopsis: |
The Maastricht Treaty and the Stability Growth Pact demand that EU member states comply with their famous deficit and debt requirements of three and sixty per cent of GDP. Yet, how can the EU's leaders be certain that these targets are met? Is a three 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. |
Illustrations: |
13 tables, 6 figures |
Publication: |
UK |
Imprint: |
Oxford University Press |
Returns: |
Non-returnable |
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