This paper examines the fiscal challenges that the new EU member states in Central and Eastern Europe (NEW-8) are facing that arise from both EU membership and from developments that are essentially independent of EU membership. While the direct fiscal strains caused by EU membership may appear...

The policy evaluation is a crucial component in analyzing the efficacy of public spending in translating the money spent into desired outcomes. Using OECD evaluation criteria, we analyzed the child protection schemes of Odisha to understand whether legal commitments on child protection are...

In den kommenden Jahren wird die bislang vom Westen geprägte Weltordnung des möglichst ungehinderten Austausches und des Multilateralismus an Einfluss verlieren, globale Institutionen werden es noch schwerer haben, ihrem Auftrag des Interessensausgleichs und der Förderung der internationalen...

This paper investigates how numerical fiscal rules affect government investment in the EU and disentangles their effect over the business cycle. Public investment seems to be generally susceptible to cutbacks during recessions. Fiscal rules demonstrate heterogeneous effects, depending on their...

The study will first outline the way in which Germany's fiscal policy was driven for several decades by a paradigm that centered on deficit control and reduced state involvement in the economy. It will assess the damage wrought by this strategy; for example, underinvestment in infrastructure and...

This paper studies the effect of austerity on forms of political participation-including voting, appealing for reform, and peaceful protesting-and the role of preferences for redistribution in shaping the relationship between individual exposure to austerity and political participation. The...

Der demographische Wandel gefährdet die langfristige Tragfähigkeit der öffentlichen Finanzen in Deutschland. Der Beitrag illustriert dies mit Hilfe langfristiger Simulationen der staatlichen Ausgaben für Alterssicherung, Gesundheit und Pflege, Arbeitslose sowie Bildung und Familien, die auf...