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This festschrift celebrates the extensive contribution John Wanna has made to the research and practice of politics … that he focused most closely upon during his academic career: budgeting and financial management, politics, and public …
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In this paper, I demonstrate that an indicator which is commonly used to assess the long-term fiscal sustainability of public finances in EU member states (“S2”) is also defined if government borrowing rates are assumed to be permanently lower than the growth rate of GDP. I illustrate this...
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