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Föderalismusreform II: Zur Frage des Controlling der Konsolidierungshilfen

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  • Joachim Ragnitz

Abstract

In 2009, German federal fiscal relationships were reorganized in order to introduce binding rules for a reduction of public deficits. One element of this reform are so called “consolidation transfers” for heavily indebted states as an measure to reduce debt. In turn, receiving states have to run a strict consolidation strategy in the years to come, that is a reduction of public expenditure. It is shown that these bail‐out rules will only help if the accompanying regulations will be enforced in a restrictive matter; however. There are risks that this will not be pursued in a proper way.

Suggested Citation

  • Joachim Ragnitz, 2010. "Föderalismusreform II: Zur Frage des Controlling der Konsolidierungshilfen," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 11(3), pages 260-269, August.
  • Handle: RePEc:bla:perwir:v:11:y:2010:i:3:p:260-269
    DOI: 10.1111/j.1468-2516.2010.00336.x
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    Cited by:

    1. Lars P. Feld, 2010. "Sinnhaftigkeit und Effektivität der deutschen Schuldenbremse," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 11(3), pages 226-245, August.
    2. Eric Mayer & Nikolai Stähler, 2013. "The debt brake: business cycle and welfare consequences of Germany’s new fiscal policy rule," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 40(1), pages 39-74, February.
    3. Gebhard Kirchgässner, 2017. "The debt brake of the German states: a faulty design?," Constitutional Political Economy, Springer, vol. 28(3), pages 257-269, September.

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