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The paper presents an investigation of subnational government bailouts in Germany. In a first part we briefly describe the fiscal federalism system in Germany. The main part of the paper examines the bailout of two West German states. We identify the causes of the financial trouble of both...
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finanziell benachteiligten Bundesländer Bremen und das Saarland haben es aufgrund ihrer CO2-intensiven Industrien und begrenzten … Bremen and Saarland are particularly struggling due to their CO₂-intensive industries and limited public budgets …
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