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Fiscal consolidation in German and Greek local governments : reform attempts, supervision and local measures
Kolliniati, Maria-Artemis; Stolzenberg, Philipp; … - In: Local public finance : an international comparative …, (pp. 267-279). 2021
Fiscal consolidation in Greek and German local governments differs for many reasons. While some German local governments experienced a long period of austerity, driven by economic decline and federal and state measures, the global financial crisis and "troika" programme caused the need for harsh...
Persistent link: https://www.econbiz.de/10012587011
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Öffentliche Finanzen in der Zeitenwende : Loccumer Finanztage 2022
Junkernheinrich, Martin (ed.); Lange, Joachim (ed.) - Loccumer Finanztage <2022, Online> - 2023
Persistent link: https://www.econbiz.de/10014323222
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Growing like Germany : local public debt, local banks, low private investment
Hoffmann, Mathias; Stewen, Iryna; Stiefel, Michael - 2023 - Revised version, December 2023
Over 2010-2016, municipal debt in Germany crowded out private investment worth 1 percent of GDP. Forced to lend to municipalities by their statutes, local public banks compensated for declining municipal-debt yields by charging higher rates to firms in Germany's locally segmented credit markets....
Persistent link: https://www.econbiz.de/10014464205
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Chipping away at public debt : sources of failure and keys to success in fiscal adjustment
Mauro, Paolo (ed.) - 2011
This book, edited and researched by experts at the International Monetary Fund (IMF), looks at fiscal adjustment plans in advanced economies, comparing the planned or projected reductions in debts and deficits to the actual outcomes. It also looks at whether spending exceeded expectations or...
Persistent link: https://www.econbiz.de/10009297594
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Fiscal austerity and public investment : is the possible the enemy of the necessary?
Streeck, Wolfgang - 2011
In most rich democracies one finds a tendency for the share in public finance that is available for discretionary spending to shrink. This is because tax revenues do not keep pace with simultaneous increases in fixed expenditures and growing pressures for fiscal consolidation. The present paper...
Persistent link: https://www.econbiz.de/10009232249
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Finanzpolitik im Spannungsfeld des europäischen Stabilitäts- und Wachstumspaktes : zwischen gesamtwirtschaftlichen Erfordernissen und wirtschafts- und finanzpolitischem Handlungsbe...
Leibfritz, Willi (contributor) - 2001
Die Haushaltskonsolidierung hat seit geraumer Zeit eine hohe Priorität. Sie ist auch als mittelfristiges Ziel im … Stabilitäts- und Wachstumspakt fest verankert. Neben dieser angebotspolitischen Ausrichtung der Finanzpolitik bleibt aber auch die … Steuersenkungen zunichte gemacht werden. Würde dagegen die Finanzpolitik im Abschwung, um eine Erhöhung des Defizits zu verhindern …
Persistent link: https://www.econbiz.de/10001583634
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Wagner's law, fiscal discipline, and intergovernmental transfer: empirical evidence at the US and German state levels
Funashima, Yoshito; Hiraga, Kazuki - In: International tax and public finance 24 (2017) 4, pp. 652-677
Persistent link: https://www.econbiz.de/10011800033