Correction Mechanisms in the Own Resources of the EU Budget, with Particular Emphasis on the UK Rebate Cover Image

Mechanizmy korekcyjne w zasobach własnych budżetu Unii Europejskiej ze szczególnym uwzględnieniem rabatu brytyjskiego
Correction Mechanisms in the Own Resources of the EU Budget, with Particular Emphasis on the UK Rebate

Author(s): Magdalena Proczek, Piotr Pajda
Subject(s): Supranational / Global Economy, EU-Accession / EU-DEvelopment, Public Finances
Published by: Centrum Europejskie Uniwersytetu Warszawskiego
Keywords: Correction Mechanisms; EU Budget; UK Rebate; Own Resources of the EU Budget; United Kingdom;

Summary/Abstract: The aim of the study is to present the correction mechanisms specifics in the own resources of the EU budget, particularly the British rebate, and an attempt to answer the question about their future. First part of the work focuses on the essence, the genesis and evolution of correction mechanisms, with particular emphasis on the British rebate. Further, the amount of funding of the British rebate by the EU Member States in 2014, the amount of payments by the UK to the EU budget and the impact of the UK correction on its amount have been presented. The conclusions include an attempt to assess the validity of the budgetary adjustments and proposals of possible reforms.

  • Issue Year: 21/2017
  • Issue No: 1 (81)
  • Page Range: 119-136
  • Page Count: 18
  • Language: Polish