Note | 18/08/2009 
In response to:
by Notre Europe

Categorising public expenditures is a slippery undertaking. At closer inspection even such time-honoured distinctions as that between investments and consumption turns out to be very blurred. No sooner has ”infrastructure” been proclaimed to be an overriding political priority than you have a long line of prospective candidates lining up. Roads and power grids, fine, but what about health care, education and law enforcement? Is the social, educational and institutional infrastructure less important than the physical infrastructure? And can schools and hospitals be written off as mere consumption? Are not the services they provide also important forms of investment in the productive capacity of the future labour force? Or, in a more nuanced version of the same assertion, do we not have to look deeper into the various sectors of public spending to distinguish the purely consumption-oriented expenditures from those also having more or less significant investment components?




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The author
Professor of Political Science and Public Administration at the University of Stockholm
In view
Notre Europe | 12/06/2009
As we approach the end of the EU budgetary review, Notre Europe invites various prominent scholars and EU observers to discuss the EU budget reform proposal put forward by Alfonso Iozzo, Stefano Micossi and Maria Teresa Salvemini in a policy paper published by CEPS some time ago (A New budget for the European Union?, CEPS policy brief n. 159, May 2008).