Winners and Losers in the development of the European Union budget: New-Institutional Economics analysis

Abstract

This paper is a comparative study on Political Economy, Economic History and International Economics, under the New-Institutional Economics and applied to the European Union’s Budget development. There are few key-ideas which explain the complex financial resource among the long-term periods in the European Union. Also, it is offered a evaluation of winners and losers in the development of the EU budget.