Financing social security in Switzerland requires State subsidies for about 22 percent (1996) of total expenditures. The Federal government and the Cantons share this payment in proportion of +2/, respectively -A for six insurances, each time with grant formulas including components of fiscal...

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The debate about the amalgamation of local government units (thereafter LGUs for simplicity – in Switzerland: “communes” or “Gemeinden”) usually stems from the fact that LGUs’ political borders (the institutional territory) do no longer coincide with the economic boundaries required...

This study shows that the origins of the sovereign debt crisis within the euro area are to be found within the private sector and in economic policy mistakes rather than only in the profligacy of some national governments in the Southern periphery of Euroland. Sovereign debtors and their private...