EU Budget and Economic Governance
Full course description
This course focuses on the European Union’s Budget and Economic Governance. What are the sources of the EU budget? Which member states benefit the most, and which contribute the most? How are the EU’s spending priorities determined? At the end of the course, students will have detailed knowledge of the role of the member states and EU institutions in the budgetary process and will be able to assess critically the distribution of the EU’s budget. In addition, they will have an indepth understanding of the Union’s spending priorities in the forthcoming years. While economic policy is still made at the national level, in the past decade, the European Union has gained more competencies in regulating the common market and ensuring policy coordination among the member states. This course also introduces new developments in EU economic governance such as the European Semester. As part of the skills training, students work in groups to put together a communication, press and social media portfolio for one of the member states.
- Understand EU budgetary politics, including the EU Multiannual Financial Framework (MFF), net contributors and net beneficiaries, as well as the current reforms in EU economic governance, including the revised European Semester;
- Analyse how EU economic governance works in practice and how the EU’s spending priorities are formulated, implemented and audited;
- Evaluate and form a judgement on scholarly arguments, including their implicit assumptions, in debates about the EU’s economic governance and budgetary policies by drawing on institutionalist theories (rational choice, historical, sociological institutionalism), inter-state bargaining theories and good governance concepts, such as accountability, legitimacy and transparency;
- Identify, retrieve, and evaluate sources and data to build evidence-based arguments to explain past and ongoing developments related to the process of European integration;
- Communicate ideas and positions on EU budgetary policy-making and negotiations to European and international professional audiences and the general public using traditional (press) and online (social) media;
- Participate in scholarly and policy debates on the EU budget, EMU and EU economic governance reforms within the international PBL classroom, as well as function in a group setting and work in an international professional environment.
- Autonomously set and implement objectives, priorities and workplans, while managing time.
Verdun, A. (2015). A historical institutionalist explanation of the EU’s responses to the euro area financial crisis. Journal of European Public Policy, 22(2), 219-237.
Streeck, W. & Elsässer, L. (2016). Monetary disunion: the domestic politics of euroland. Journal of European Public Policy, 23(1), 1-24.
Matthijs, M. (2016). Powerful rules governing the euro: the perverse logic of German ideas. Journal of European Public Policy, 23(3), 375-391.