The question raised in this paper is whether changes over the last 20 years in the German financial accounting system signal a retreat of the nation state from this policy field. Using a comprehensive perspective on accountancy we consider the steps in the accounting process, i.e. standard...

This paper analyses and compares the efficiency of alternative incentive compatible grant schemes under asymmetric information relieving subnational governments of excessive debt burden. They allow intervention into local debt, local tax or complete local fiscal policy. In the first case,...

The article proposes an enabling mechanism for the creation, adjustment and dissolution of governmental units, giving autonomy to each individual as in a direct democracy. The mechanism is designed such that Pareto optimality is possible, in contrast to earlier models which make various...

Die vorliegende Studie befasst sich mit einem Experiment im Bereich transnationaler demokratischer Willensbildung. Im Mittelpunkt der Untersuchung steht die Internet Corporation for Assigned Names and Numbers (ICANN), ein 1998 gegründete gemeinnützige Unternehmen mit Sitz in Kalifornien, das...