Titlebook: Italian Budgeting Policy; Between Punctuations Alice Cavalieri Book 2023 The Editor(s) (if applicable) and The Author(s), under exclusive l

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Budgeting Policy Within the Union: Italy in the European Context, subject both to the pre-determined schedule of the European Semester and to economic and fiscal limits that affect national government’s choices in terms of policies. At first, this chapter sketched out the most important phases that marked the history of Italian national accounts from the 1980s un

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Incremental Changes or Punctuations?,s the punctuated equilibrium hypothesis on the Italian budget policy to verify whether Italy complies with the theory. The impact of institutional frictions and external events is tested to explain the frequency, magnitude and direction of yearly changes. The statistical analyses show that the ‘stag

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,To Change or Not to Change: Governments’ Spending Intentions,vernments are not interested in pursuing their spending preferences through the budget? This chapter investigates the will and power of governments to change the allocation of funds across budget categories confronting the budget bill with the previous year’s budget law. Findings suggest that newly

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The Impact of the Decision-Making Process,bers of the Italian parliament? To what extent is the European Commission able to induce changes to the nationally agreed allocation of expenditure? This chapter assesses the balance of power between the three fundamental actors intervening during the budgetary decision-making process by measuring t

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Conclusion,al document, with the power of the purse currently all in the government’s hands. Institutional frictions, although slackened, continue to restrain changes and punctuations show no sign of reduction, a clear sign of actors’ bounded rationality, who lack a long-term conception about how to manage the

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978-3-031-15449-2The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl

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entitle

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https://doi.org/10.1007/978-3-031-15447-8Budget; Public Expenditure; European Economic Governance; Parliamentary Democracy; Italy; Punctuations