On 23 October 2001 the European Commission adopted a proposal for a directive for trade in greenhouse gas emissions. Following the US experience of emissions trading systems, this marks the first large-scale attempt to deploy this instrument of environmental policy in Europe. The proposal places...

Das Äquivalenzprinzip, auch Nutzen-, Vorteils- oder Interessenprinzip (benefit principle) genannt, besagt, daß die Staatsbürger gemäß dem erhaltenen Nutzen, dem realisierten Vorteil oder dem erreichten Grad an Interessenbefriedigung zur Finanzierung der staatlichen Leistungen beitragen...

Abstract The article analyses the potential role of the benefit principle in public finance. Against the background that the benefit principle plays a minor part both in the theory and in the politics of public finance, first the advantages of this principle are traced out. By bringing together...

Abstract In their paper Thomas Döring and Bernd Hansjürgens refer to the reform discussion of local public finance in Germany. Against the background of rising expenditures and lower revenues a fiscal reform on the local level is absolutely necessary. Such a reform should focus on both the...