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Ist die Finanzpolitik der Bundesländer nachhaltig?

  • Astrid Rosenschon
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    The paper deals with the issue in how far the fiscal policy of the German Laender can be considered as sustainable. Comparing the fiscal policy stance and budgets of the 16 German states, only Bavaria and Saxony are pursuing a fiscal policy which may be labelled as sustainable. The other states did not succeed in their attempt to stabilize, least of all to reduce, their public debt relative to their GDP. The greatest deviation from a sustainable budget is reported for Berlin with a "non-sustainability gap" of 6.38 per cent of GDP, followed by Saxony-Anhalt (1.77 per cent of GDP) holding the largest debt ratio among German non-city states. Bremen and Saarland are exceptional cases; both did not have a "non-sustainability gap" in 2001 but, at the same time, receive federal funds since 1994 which are earmarked to redeem former excessive debts.

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    Paper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 1173.

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    Length: 30 pages
    Date of creation: Jun 2003
    Date of revision:
    Handle: RePEc:kie:kieliw:1173
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    1. Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff, 1991. "Generational accounts: a meaningful alternative to deficit accounting," Working Paper 9103, Federal Reserve Bank of Cleveland.
    2. Huber, Bernd & Milbrandt, Beate & Runkel, Marco, 2002. "Die Finanzkrise Berlins: Eine Analyse der Nachhaltigkeit der Berliner Finanzpolitik," Wirtschaftsdienst – Zeitschrift für Wirtschaftspolitik (1949 - 2007), ZBW – German National Library of Economics / Leibniz Information Centre for Economics, vol. 82(7), pages 395-401.
    3. Olivier Jean Blanchard, 1990. "Suggestions for a New Set of Fiscal Indicators," OECD Economics Department Working Papers 79, OECD Publishing.
    4. Rosenschon, Astrid, 2003. "Zur Finanzlage Berlins - ein Vergleich mit Hamburg," Kiel Working Papers 1146, Kiel Institute for the World Economy (IfW).
    5. Kitterer, Wolfgang & Raffelhüschen, Bernd, 2002. "Mehr Nachhaltigkeit in der Finanzpolitik," Wirtschaftsdienst – Zeitschrift für Wirtschaftspolitik (1949 - 2007), ZBW – German National Library of Economics / Leibniz Information Centre for Economics, vol. 82(2), pages 67-73.
    6. Boss, Alfred & Lorz, Jens Oliver, 1995. "Die öffentliche Verschuldung in der Bundesrepublik Deutschland: Ausmaß und Belastungswirkung," Kiel Working Papers 669, Kiel Institute for the World Economy (IfW).
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