The German federal government's fiscal consolidation package, announced in June, is designed to permanently reduce the federal deficit to a new target level. This article uses a three-region version of the European Commission's QUEST model to gauge the impact of the package on Germany and the...

A few months ago, Dr Eppler took over the ministry responsible for German development aid. The new minister considers development aid an important instrument for the international détente, which is to facilitate cooperation between peoples and which, in the long run, will guarantee world peace....