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

by James D. Savage

Overview

By examining the politics of the European Commission and its management of the Maastricht Treaty's budgetary surveillance procedure, this book provides major new insights into the processes by which specific member states qualified for EMU status and became subject to the sanctions of the Stability and Growth Pact.

Product Details

ISBN-13:	9780199238699
Publisher:	Oxford University Press
Publication date:	02/03/2008
Edition description:	New Edition
Pages:	256
Product dimensions:	9.10(w) x 6.10(h) x 0.70(d)

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.

Table of Contents

1. Enforcing Maastricht: The Significance of Treaty Surveillance2. Treaty Delegation and the Institutional Structure of Surveillance3. Designing a Compliance Information System: ESA and the Techniques of Surveillance4. European Statistical Case Law for Stage II of Convergence 1994-975. European Statistical Case Law for Stage III Monetary Union 1998-20046. Credibility, Institutionalization, and EuropeanizationAppendix: Other Eurostat Sage II Decisions 1995-97

Editorial Reviews

"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

From the Publisher