Making the EMU
The Politics of Budgetary Surveillance and the Enforcement of Maastricht
By (author) James D. Savage
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Making the EMU by James D. Savage
Book DescriptionThe 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.
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Book DetailsISBN: 9780199238699
(223mm x 145mm x 17mm)
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 6-Dec-2007
Country of Publication: United Kingdom
Books By Author James D. Savage
Reconstructing Iraq's Budgetary Institutions, Hardback (January 2014)
Examines the efforts to reconstruct Iraq's vital budgetary system after the 2003 invasion as a key element of the American-led Coalition's state-building and counterinsurgency strategy.
Making the EMU, Hardback (December 2004)
Tackles the debates surrounding the creation of EMU. Examining the politics of the European Commission and its management of Maastricht Treaty's budgetary surveillance procedure, this book provides insights into processes by which specific member states qualified for EMU status and became subject to the sanctions of the Stability and Growth Pact.
Funding Science in America, Paperback (November 2000)» View all books by James D. Savage
Funding Science in America, first published in 1999, explores the pros and cons of the academic earmarking issue.
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Author Biography - James D. Savage
James D. Savage is author of Making the EMU: The Politics of Budgetary Surveillance and The Enforcement of Maastricht (Oxford Univ. Press); Funding Science in America: Congress, Universities, and the Politics of the Academic Pork Barrel (Cambridge Univ. Press); and Balanced Budgets and American Politics (Cornell Univ. Press). Articles appearing in such journals as the Journal of Politics, Legislative Studies Quarterly, Comparative Political Studies, and Public Administration Review. Receipient of the APSA's Harold D. Lasswell disseration prize, Olin-Bradley post-doctoral fellowship at Harvard University, Council on Foreign Relations International Affairs fellowship, Fulbright-European Union Affairs fellowship, and other fellowships and awards. James D. Savage is currently Professor of Politics, University of Virginia.
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