Reform Options for the EU Own Resources System

• Main Authors: Heinemann, Friedrich (Author), Mohl, Philipp (Author), Osterloh, Steffen (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Heidelberg : Physica-Verlag HD, 2008.
• Series: ZEW Economic Studies, 40
• Subjects: European Economic Community literature.; Public finance.; Economic policy.; Economics.; European Integration.; Economic Policy.; Public Economics.
• Physical Description: X, 178 p. 34 illus. online resource.
• ISBN: 9783790820669
• ISSN: 1615-6781 ;

This study develops a reform proposal for the future revenue system of the EU budget. The findings strongly reject the idea that a reform based on an EU tax-based own resource would remedy current problems. Against the background of the status quo analysis the authors present a reform model which includes the complete phasing out of the VAT resource, a financing of the budget completely on the basis of the GNI resource and a generalised but limited correction mechanism (GLCM). The GLCM would make a clear distinction between policies having an intentional distributive effect or not. A further element of the reform proposal is a move towards a stronger financial contribution of regions to EU spending.