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The EU Budget Process and International Trade Liberalisation. CEPS Working Documents No. 230, 1 October 2005

Kernohan, David and Núñez Ferrer, Jorge and Schneider, Andreas (2005) The EU Budget Process and International Trade Liberalisation. CEPS Working Documents No. 230, 1 October 2005. [Working Paper]

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    Abstract

    This paper gives an overview of the channels by which the EU budget is directly or indirectly affected by the change in the external trade relations of the EU. In addition it discusses what role the EU budget can play, despite its limited size and scope, in addressing some other key challenges presented by globalisation and liberalised trade flows. The paper begins with a detailed theoretical explanation of the ways in which the EU budget is directly or indirectly affected by its revenues, structure and objectives. It then reviews how the EU budget has been affected by the changing challenges of trade liberalisation and expansion, in particular due to decisions at the WTO negotiations. This leads to an analysis of the possible impacts on the EU budget from the current DDA negotiations, and a discussion of how international economic and trade developments may challenge the EU and what role the budget can play in assisting the adaptation of Europe’s economy to these challenges.

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    Item Type: Working Paper
    Subjects for non-EU documents: Other international institutions > GATT/WTO
    EU policies and themes > External relations > international trade
    EU policies and themes > Policies & related activities > budgets & financing
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Working Documents
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 31 Mar 2007
    Page Range: p. 49
    Last Modified: 15 Feb 2011 17:43
    URI: http://aei.pitt.edu/id/eprint/6676

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