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This book proposes new fiscal rules to address the debt crisis, including a balanced budget amendment and a deficit-debt brake. It estimates the impact of the proposed rules on the economy over the next two decades
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The Covid-19 pandemic hitting the world in 2020 also caused a high death toll in Germany and in the European Monetary …-scale fiscal stimuli, and public guarantees, in Germany and the EMU smoothed the disastrous economic and social effects of the … pandemic. Overall, the stabilisation policy during the Covid-19 pandemic in Germany was successful and prevented escalating …
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