The challenges for the quality of life in rural areas in Mecklenburg-Vorpommern, connected with structural economic and demographic changes, raise the question of how to find appropriate policy interventions in the specific situation of transitions countries. One approach to bring forward rural...

This paper surveys four Argentinean industries light ships, television programs, wines, and wooden furniture that have experienced substantial export growth in recent years, particularly to developed countries. The case studies first describe the structure of the industries, then characterize...

Based on probit estimates, this paper analyzes the effects of fiscal consolidation on the proba-bility of sovereign defaults in the short run. Using a panel of 104 developing countries from 1980 to 2009 and controlling for various economic, fiscal and political factors, we find that fiscal...

Does the proliferation of aid donors lead to visible changes in the world of foreign assistance? Aid provided by low- and middle-income countries, autocratic regimes and donors operating outside the Development Assistance Committee (DAC) of the OECD is gaining in importance. This article uses...

This paper deals with fiscal policy over the business cycle when international financial markets are imperfect. I document evidence that government expenditure tends to be more procyclical the higher is the borrowing cost for a sovereign. Decomposing government expenditure components shows that...

Governments in more developed economies partially compensate import-competing industries when world prices fall, i.e. they lean against the wind. In less developed economies we often observe liberalization in response to the same shock. We use a political-support maximization model with revenue...

Vor dem Hintergrund einer wachsenden Weltbevölkerung ist für Deutschland für das Jahr 2060 eine Bevölkerung von 90 Millionen wahrscheinlicher als die offiziell vorausgesagte Abnahme auf 70 Millionen. Einer im nächsten halben Jahrhundert stabilen Einwohnerzahl Deutschlands entspricht eine...