Public Financial Management in the European Union: Public Finance and Global Crises

This book explores how to create efficient institutions and coordinate policy on a transnational scale to ensure that European Union integration can best meet social needs. It offers a combined technocratic and humanist perspective on public financial management and discusses public finance management instruments, including their historical evolution and effectiveness measured with the Human Development Index. The author proposes a way to manage global, European, and national public goods across three areas: environmental protection, transnational infrastructure projects, and social policy.

Format: Paperback / softback
Length: 240 pages
Publication date: 29 January 2024
Publisher: Taylor & Francis Ltd

This comprehensive book delves into the intricate realm of creating efficient institutions and coordinating policy on a transnational scale to ensure that European Union integration can effectively meet the diverse social needs of its citizens. It presents a balanced and interdisciplinary approach to discussing public financial management, drawing from both technocratic and humanist perspectives. Recognizing the growing role of the state in addressing societal imbalances, the book explores the need for updated and complex formulas to address crises both in current times and for the formulation of social and economic policies by states and the European Union.

The work conducts an in-depth performance analysis of European Union institutions compared to the national entities of EU Member States, contributing to the ongoing debate on global public goods and the processes involved in their provision. It also examines public finance management instruments, tracing their historical evolution and assessing their effectiveness using the Human Development Index.

The author presents a comprehensive proposal for managing global, European, and national public goods across three critical areas: environmental protection, transnational infrastructure projects, and social policy. Through detailed analysis and practical insights, the book offers valuable recommendations for effective governance and resource allocation in these domains.

Furthermore, the book delves into the examination of public financial management instruments employed during the recent pandemic, distinguishing between regular and emergency instruments and assessing their efficacy in specific economic contexts. This insightful analysis will appeal to researchers and students of economics and finance, as well as decision-makers and practitioners in government and the private sector. By exploring the intersection of institutions, policy, and public finance, this book provides valuable insights into building a more inclusive and sustainable future for Europe and the world.

Weight: 453g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032118918