"Public provision in an economic and monetary union: new functions for the budget of the European Community"

Coombes, David. (1991) "Public provision in an economic and monetary union: new functions for the budget of the European Community". In: UNSPECIFIED, Fairfax, Virginia. (Unpublished)

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Abstract

[From the Introduction]. My aim here is to raise some political issues that arise from the implications of EMU for public finance that seem to have been neglected in the current, highly important inter-governmental negotiations and not addressed fully by the Commission or the Parliament. I shall suggest that there are significant consequences for the further development of political institutions but I have not yet considered fully what these might be, concentrating here on the case for assigning new functions to the Community's budget. My conclusions and suggestions in many respects contradict those reached by other scholars and official advisers and diverge so much from what appears to be the orthodox view Community's own approach that they may seem extravagant. But they might provoke more constructive discussion of the issue.

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