SHS Web Conf.
Volume 73, 2020Innovative Economic Symposium 2019 – Potential of Eurasian Economic Union (IES2019)
|Number of page(s)||7|
|Section||Potential of the Eurasian Economic Union|
|Published online||13 January 2020|
Evaluation of the EU Policy Concerning the Basic Economic Functions of a Modern Government in a Mixed Economy
Institute of Technology and Business, School of Expertness and Valuation, Okružní 517/10, 37001 České Budějovice Czechia
* Corresponding author: email@example.com
The paper analyses the budget of the European Union in terms of its redistribution power and stabilization efficiency. The redistribution of finance from rich regions to poorer ones is an important function of public budgets. The EU budget only partially fulfils this function. Stabilizing economic development is another important function of public budgets. Also, the effectiveness of the EU budget in this area is not sufficient and could be significantly strengthened.
© The Authors, published by EDP Sciences, 2020
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