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Die Finanzreform des Jahres 2006 war im Wesentlichen darauf gerichtet, die Entscheidungsblockaden zwischen Bund und Ländern durch die Reduzierung zustimmungsbedürftiger Gesetzte aufzubrechen. Die Föderalismuskommission II diskutiert nunmehr weitere Reformen der Finanzverfassung. In der...
Persistent link: https://www.econbiz.de/10010297017
In recent years, fiscal performance in Central Europe has steadily deteriorated, in contrast to the improvement in the Baltics. This paper explores the determinants of such differences among countries on the path to EU accession. Regression estimates suggest that economic and institutional...
Persistent link: https://www.econbiz.de/10010299100
By applying the concepts of institutional and constitutional economics, this paper addresses the question to what extent a reform of the stability pact will be efficient and appropriate. The starting point of the analysis is the assumption that the stability pact will yield disciplining effects...
Persistent link: https://www.econbiz.de/10010300186
The paper focuses on the recent pattern of government expenditure for developing countries and estimates the determinants which may have influenced government expenditure. Using a panel data set for 111 developing countries from 1984 to 2004, this study finds evidence that political and...
Persistent link: https://www.econbiz.de/10010301505
Tax and social reforms aiming at lowering the tax burden and cutting social benefits may boost effciency and output, and improve market adjustment to shocks. But they may also reduce the impact of automatic stabilizers and so cause a less cyclical smoothing. This is problematic in the Economic...
Persistent link: https://www.econbiz.de/10010304671
sustainability of public debt), and quantifies the fiscal savings achieved or projected as a consequence of declining HIV incidence. …
Persistent link: https://www.econbiz.de/10010305642
Die Staatsschuldenkrise einiger Länder in der EWU ist letztlich doch eine Währungskrise. Nur im gemeinsamen Währungsraum war es überhaupt möglich, die Schuldaufnahme stark auszuweiten. Andererseits treten bei Zweifeln an der finanziellen Solidität von Schuldnerstaaten kumulative...
Persistent link: https://www.econbiz.de/10010306216
Die Lage der öffentlichen Haushalte in Deutschland ist gut und wird es in diesem und im kommenden Jahr bleiben. Der Staat erwirtschaftet weiter Überschüsse; der Finanzierungssaldo wird in beiden Jahren bei 0,5 Prozent in Relation zum nominalen Bruttoinlandsprodukt liegen und auch in...
Persistent link: https://www.econbiz.de/10011288347
Weizsäcker suggests that maintenance or even an increase in the current level of government debt is necessary to … of public debt. Moreover, if people start to doubt the sustainability of an increasing percentage of public debt, a … vicious circle can lead to a debt crisis, which would threaten the country's political and economic stability. Public debt is …
Persistent link: https://www.econbiz.de/10011307047
Weizsäcker suggests that maintenance or even an increase in the current level of government debt is necessary to … of public debt. Moreover, if people start to doubt the sustainability of an increasing percentage of public debt, a … vicious circle can lead to a debt crisis, which would threaten the country's political and economic stability. Public debt is …
Persistent link: https://www.econbiz.de/10011307050