Seit Einführung der neuen Schuldenregel hat sich die Finanzlage der deutschen Bundesländer deutlich verbessert. Nach unseren Berechnungen mit dem Aggregierten Quotierungsverfahren konnten die meisten Länder ihre strukturellen Budgetdefizite abbauen und im Jahr 2017 schon 14 Länder...

Seit Einführung der neuen Schuldenregel hat sich die Finanzlage der deutschen Bundesländer deutlich verbessert. Nach unseren Berechnungen mit dem Aggregierten Quotierungsverfahren konnten die meisten Länder ihre strukturellen Budgetdefizite abbauen und im Jahr 2017 schon 14 Länder...

The Partnerships pillar of the 2030 Agenda for Sustainable Development cuts across all the goals focusing on the mobilisation of resources needed to implement the agenda. Thailand’s “sufficiency economy philosophy” encourages the prioritisation of long-term sustainability over short-term...

This study appraises the economic significance and benefits of ṣukūk in financing budget deficits in the Nigerian economy. Using secondary sources of data, the study employs content and trends analyses to achieve its objective. Essentially, the study posits that the issuance of ṣukūk as an...

France has a track record of persistent general government deficits, partly reflecting pro-cyclical fiscal policies in upswings. This has resulted in a quadrupling of its public debt-to-GDP ratio since the 1970s to above 80% of GDP. Reducing public debt is crucial because a high level of public...

France has a track record of persistent general government deficits, partly reflecting pro-cyclical fiscal policies in upswings. This has resulted in a quadrupling of its public debt-to-GDP ratio since the 1970s to above 80% of GDP. Reducing public debt is crucial because a high level of public...

France has a track record of persistent general government deficits, partly reflecting pro-cyclical fiscal policies in upswings. This has resulted in a quadrupling of its public debt-to-GDP ratio since the 1970s to above 80% of GDP. Reducing public debt is crucial because a high level of public...

In some ways, a 2012 symposium on “Dilemmas of State Debt” may seem a bit behind the news curve. At the end of 2010, municipal bond markets were in a deep funk. Analysts predicted that countless municipalities and perhaps one or more of the United States might default on their debt...

France has a track record of persistent general government deficits, partly reflecting pro-cyclical fiscal policies in upswings. This has resulted in a quadrupling of its public debt-to-GDP ratio since the 1970s to above 80% of GDP. Reducing public debt is crucial because a high level of public...

In a bold legislative move, in 2009 Germany introduced a fundamental reform of the government borrowing rules which are specified in its constitution. In particular, state governments will be required to provide a balanced budget, abstracting from cyclical fluctuations, starting in the year...