The paper by Christian Kastrop describes the German federal system with a view to drawing some lessons for the European Union. The German system is reckoned to be very good at promoting cooperation and integration, but it has been showing growing problems in terms of efficiency and transparency....

Elke Baumann and Christian Kastrop discuss the main features and shortfalls of Germany's current fiscal framework and examine possible reforms. They analyze the shortcomings of the golden rule that has been applied in Germany since the end of the 1960s, which include the rule's asymmetry over...

Kastrop and Velleuer examine the German experience with sustainability reporting. They consider its background and rationale in the context of the aging of the German population. They give an overview of the first comprehensive report on the effects of demographic change published by the Federal...