The wrong sort of rebate : the need to reform the UK budget adjustment
Cuthbert, Jim and Cuthbert, Margaret (2005) The wrong sort of rebate : the need to reform the UK budget adjustment. Quarterly Economic Commentary, 30 (2). pp. 45-52. ISSN 0306-7866
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Abstract
In this paper we argue that there is a continuing need for some form of rebate mechanism to iron out anomalies in the funding of the EU, but that the particular form of mechanism used to pay the UK a rebate has had severely adverse consequences, and needs to be reformed. Specifically, we argue that the current form of rebate paid to the UK has had perverse incentive effects, which go a long way towards explaining the UK’s semi-detached relationship with the EU.
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Item type: Article ID code: 47002 Dates: DateEventJuly 2005PublishedSubjects: Social Sciences > Finance
Social Sciences > Economic TheoryDepartment: Strathclyde Business School > Economics
Strathclyde Business School > Fraser of Allander InstituteDepositing user: Pure Administrator Date deposited: 28 Feb 2014 11:37 Last modified: 02 Sep 2024 00:43 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/47002
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