Making the EMU: The Politics of Budgetary Surveillance and the Enforcement of Maastricht

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The Maastricht Treaty and the Stability Growth Pact demand that EU member states comply with their famous deficit and debt requirements of 3 and 60 per cent of GDP. Yet, how can the EU's leaders be certain that these targets are met? Is a 3 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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About the Author:

James D. Savage is author of Making the EMU: The Politics of Budgetary Surveillance and the Enforcement of Maastricht; Funding Science in America: Congress, Universities, and the Politics of the Academic Pork Barrel; and Balanced Budgets and American Politics. He has written articles appearing in such journals as the Journal of Politics, Legislative Studies Quarterly, Comparative Political Studies, and Public Administration Review. He is the recipient of the APSA's Harold D. Lasswell dissertation 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.

Review:

"Savage's careful account of the politics of budgetary surveillance is a must-read for anyone who wants to gain a deeper understanding of how the EU works and the impact of EMU on budgetary practices in the member states"--Perspectives on Politics
"The unique blend of legal and economic expertise, in combination with elite interviews and work shadowing, enables the book to come to an informed and seemingly logical conclusion. I can enthusiastically recommend this contribution to the ongoing debate on the EU's involvement in the harmonization
of fiscal and monetary policies."--Journal of Common Market Studies
"Savage's book is an impressively researched and surprisingly engaging account of a relatively arcane subject. It is a convincing application of delegation theory, used to reveal a hitherto unexplored but clearly crucial element in the complicated process leading to the start of EMU's Stage III and
the application of Stability and Growth Pact rules and Broad Economic Policy Guidelines which form the core of macroeconomic policy coordination in the Euro-zone."--West European Politics
"Savage presents his empirical evidence in a convincing and readable style. Researchers interested in the workings of Eurostat in general and its role during the evaluation of the Maastricht criteria will find this an extremely enlightening book."--Political Studies Review
"Savage's careful account of the politics of budgetary surveillance is a must-read for anyone who wants to gain a deeper understanding of how the EU works and the impact of EMU on budgetary practices in the member states"--Perspectives on Politics
"The unique blend of legal and economic expertise, in combination with elite interviews and work shadowing, enables the book to come to an informed and seemingly logical conclusion. I can enthusiastically recommend this contribution to the ongoing debate on the EU's involvement in the harmonization of fiscal and monetary policies."--Journal of Common Market Studies
"Savage's book is an impressively researched and surprisingly engaging account of a relatively arcane subject. It is a convincing application of delegation theory, used to reveal a hitherto unexplored but clearly crucial element in the complicated process leading to the start of EMU's Stage III and the application of Stability and Growth Pact rules and Broad Economic Policy Guidelines which form the core of macroeconomic policy coordination in the Euro-zone."--West European Politics
"Savage presents his empirical evidence in a convincing and readable style. Researchers interested in the workings of Eurostat in general and its role during the evaluation of the Maastricht criteria will find this an extremely enlightening book."--Political Studies Review
"Savage's careful account of the politics of budgetary surveillance is a must-read for anyone who wants to gain a deeper understanding of how the EU works and the impact of EMU on budgetary practices in the member states"--Perspectives on Politics


"The unique blend of legal and economic expertise, in combination with elite interviews and work shadowing, enables the book to come to an informed and seemingly logical conclusion. I can enthusiastically recommend this contribution to the ongoing debate on the EU's involvement in the harmonization of fiscal and monetary policies."--Journal of Common Market Studies


"Savage's book is an impressively researched and surprisingly engaging account of a relatively arcane subject. It is a convincing application of delegation theory, used to reveal a hitherto unexplored but clearly crucial element in the complicated process leading to the start of EMU's Stage III and the application of Stability and Growth Pact rules and Broad Economic Policy Guidelines which form the core of macroeconomic policy coordination in the Euro-zone."--West European Politics


"Savage presents his empirical evidence in a convincing and readable style. Researchers interested in the workings of Eurostat in general and its role during the evaluation of the Maastricht criteria will find this an extremely enlightening book."--Political Studies Review


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9780199278404: Making the EMU: The Politics of Budgetary Surveillance and the Enforcement of Maastricht

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ISBN 10:  0199278407 ISBN 13:  9780199278404
Publisher: Oxford University Press, 2005
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Book Description Oxford University Press, UK, 2007. Paperback. Condition: New. First Edition. 256 pages. Available Now. Book Description: The Maastricht Treaty and the Stability Growth Pact demand that EU member states comply with their famous deficit and debt requirements of 3 and 60 per cent of GDP. Yet, how can the EU's leaders be certain that these targets are met? Is a 3 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. : Review: Review from previous edition Savage's book is an impressively researched and surprisingly engaging account of a relatively arcane subject. It is a convincing application of delegation theory, used to reveal a hitherto unexplored but clearly crucial element in the complicated process leading to the start of EMU's stage III and the application of Stability and Growth Pact rules and Broad Economic Policy Guidelines which form the core of macroeconomic policy coordination in the Euro-zone. (West European Politics): The unique blend of legal and economic expertise, in combination with elite interviews and work shadowing, enables the book to come to an informed and seemingly logical conlusion. I can enthusiastically recommend this contribution to the ongoing debate on the EU's involvement in the harmonization of fiscal and monetary policies. (Journal of Common Market Studies): Savage's careful account of the politics of budgetary surveillance is a must-read for anyone who wants to gain a deeper understanding of how the EU works and the impact of EMU on budgetary practices in the member states. (Perspectives on Politics): Savage presents his empirical evidence in a convincing and readable style.an extremely enlightening book. (Political Studies Review) : About the Author: James D. Savage is author of Making the EMU: The Politics of Budgetary Surveillance and the Enforcement of Maastricht; Funding Science in America: Congress, Universities, and the Politics of the Academic Pork Barrel; and Balanced Budgets and American Politics. He has written articles appearing in such journals as the Journal of Politics, Legislative Studies Quarterly, Comparative Political Studies, and Public Administration Review. He is the recipient of the APSA's Harold D. Lasswell dissertation 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. Size: 23.1 x 1.8 x 15.5 cm. 256 pages. Quantity Available: 1. Category: Miscellaneous; Paperback; Oxford University Press. ISBN: 0199238693. ISBN/EAN: 9780199238699. Inventory No: F197-1100. 21 years of serving customers on ABE. A seller you can rely on. Seller Inventory # F197-1100

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Book Description Oxford University Press, United Kingdom, 2008. Paperback. Condition: New. Language: English. Brand new Book. The 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. Seller Inventory # AAV9780199238699

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Book Description Oxford University Press, United Kingdom, 2008. Paperback. Condition: New. Language: English. Brand new Book. The 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. Seller Inventory # AAV9780199238699

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Book Description Oxford University Press. Paperback. Condition: New. 256 pages. Dimensions: 9.2in. x 6.2in. x 0.6in.The Maastricht Treaty and the Stability Growth Pact demand that EU member states comply with their famous deficit and debt requirements of 3 and 60 per cent of GDP. Yet, how can the EUs leaders be certain that these targets are met Is a 3 per cent deficit in Belgium equivalent to one in Italy or France Making the EMU explores how the Treatys 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 Pacts 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. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Seller Inventory # 9780199238699

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