The German Volunteer Service (GVS) is an institution whose cooperation in development aid applies especially to such programmes aimed at making a concrete contribution to the emancipation of economically and socially weak groups. Since 1963 the service has sent more than 4,000 volunteers to...

The Swiss debt brake served as a model for the new German budget rule. The two tools share the long-term goal of rendering fiscal policy sustainable by stabilising nominal debt as well as the short-term goal of smoothing the economic cycle. Debt brakes thus act as an automatic stabiliser within...