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Financial policy: a stronger result-orientation needed

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  • Eckhard Wurzel

Abstract

Eckhard Wurzel, OECD, sees in the strong decline of the working age population, in the shifts in the age structure and in the growing regional imbalances of population development a major new challenge for the economy and fiscal policy in the eastern German federal states. In evaluating and planning spending programmes it is very important to include the external effects of infrastructure projects beyond the current state and municipal borders.

Suggested Citation

  • Eckhard Wurzel, 2009. "Financial policy: a stronger result-orientation needed," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(18), pages 38-42, September.
    • Handle: RePEc:ces:ifosdt:v:62:y:2009:i:18:p:38-42
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    JEL classification:

    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General

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