In recent years, many countries have sought to transform their fiscal frameworks, with the aim of rendering their public finances more sustainable and preventing the emergence of fiscal problems. This report presents the findings of comparative research into the fiscal frameworks of five...

Medienberichten zufolge plant die Bayerische Staatsregierung, die Verfassungsmäßigkeit der Regelungen zum Länderfinanzausgleich gerichtlich klären zu lassen; das Land Hessen erwägt, sich dieser Klage anzuschließen. Hintergrund dessen ist, dass sich die Geberländer im Finanzausgleich –...

Der Koalitionsvertrag von CDU, CSU und SPD vom 7. Februar 2018 bleibt hinter dem zurück, was zur langfristigen Wohlstandssicherung nötig wäre und möglich ist. Zwar werden wichtige zukunftsgerichtete Maßnahmen im Bildungs- und Betreuungsbereich beschlossen, die Position insbesondere...

This paper explores the political economy of fiscal adjustment. It begins with an examination of the evidence for, and sources of, ‘deficit bias', including political and governance factors, public attitudes, the role of financial markets and imprecision about which debt targets should be...

This chapter argues that principles in international law have their basis in comparative and analogical reasoning. It provides a taxonomy of principles ranging from general principles of law to soft legal principles and structural principles which are devoid of normative significance. The...

This paper argues that austerity is not a good solution for fiscal consolidation and sustainability. Therefore, it is imperative to find a new approach. This paper presents a mechanism to improve both tax compliance and fiscal sustainability

Several features of Tanzania's budget system find their roots in the arrangements inherited from the United Kingdom. These include a legal framework that emphasizes accountability' a cabinet of ministers with strong budget decision-making powers' a parliament with very limited budget powers' and...

Country-specific factors prevent a strong linear relationship between the legislature`s budgetary powers and the extent of its separation from the executive. Electoral and voting systems, bicameralism, constitutional and legal constraints, voluntary contracts of political parties, and...

This paper examines the merits of the British budget management system that was inherited in Anglophone African countries and which has changed substantially in the United Kingdom since the 1960s. It considers whether the disappointing budgetary performance in Africa is due to weaknesses in the...

This paper assesses the advantages and disadvantages of the French and British public expenditure management systems as used in Africa. The main differences are in budget execution and government accounting. In both francophone and anglophone Africa, there are common weaknesses in the...