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We analyse the adjustment of public education spending in response to rapidly decreasing student cohorts in East Germany where birth rates collapsed after German reunification. Previous results from the literature based on data from more stable demographic periods suggest that public resources...
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Adaptation to climate change is a necessity for advanced and developing economies alike. Policymakers face the … challenge of facilitating this transition. This Note argues that adaptation to climate change should be part of a holistic … adaptation programs with positive externalities, address market imperfections and policies that make private adaptation …
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/003) that discuss fiscal policies for climate change adaptation. A first Note (Bellon and Massetti 2022, henceforth Note 1 …) examines the economic principles that can guide the integration of climate change adaptation into fiscal policy. It argues that … climate change adaptation should be part of a holistic, sustainable, and equitable development strategy. To maximize the …
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