National fiscal frameworks (NFFs) represent a set of domestic arrangements to enhance the predictability and transparency of public finances. This chapter looks into a specific aspect of institutional convergence: the development of NFFs in the EU-11 countries following their EU accession. The...

The fiscal governance of the European Economic and Monetary Union (EMU) was the result of a political compromise. This led to an imbalanced and unsustainable framework, which contributed to the outbreak of the Eurozone debt crisis. During the crisis, European leaders embarked on a reform effort...

This book investigates the reasons for persistent public deficits and delayed fiscal reform in Japan, placing a special emphasis on political economy aspects. Japan is confronted with the need to pursue fiscal discipline for fiscal consolidation and implement structural reforms for reorganizing...

The large and persistent deficits observed in many countries and the reform efforts undertaken to strengthen fiscal discipline have been the focus of an active and ongoing research program in political economy. This book draws together contributions from two competing approaches seeking to...

Dieser Band bietet in aktualisierter und erweiterter Neuauflage einen umfassenden Überblick über die Politik in den Bundesländern nach den beiden Föderalismusreformen. Er beschreibt, wie die Länder die hinzugewonnenen Kompetenzen ausfüllen und wie sie neuartige Instrumente wie die...