In most rich democracies one finds a tendency for the share in public finance that is available for discretionary spending to shrink. This is because tax revenues do not keep pace with simultaneous increases in fixed expenditures and growing pressures for fiscal consolidation. The present paper...

Seit Anfang der 1970er-Jahre lässt sich eine graduelle Verschärfung der fiskalischen Situation moderner Staaten beobachten. Chronisch gewordene Defizite und eine dramatisch gestiegene Staatsverschuldung sind zu einer beherrschenden Rahmenbedingung wohlfahrtsstaatlicher Politik geworden. Das...

Over the past four decades, the accumulation of policy legacies and public debt has led to a decline in fiscal flexibility in Germany and the United States. By applying an index of fiscal democracy to Germany, the paper illustrates the associated shrinkage of democratic control over budget...

This paper deals with the financial evaluation of the Belgian insurance sector. The different characteristics (including structure, solvency, efficiency, global, technical and financial profitabilities) of 75 insurance companies are analysed using appropriate ratios. Cet article est consacré à...

Europe will not turn into a federal state. As a consequence citizenship in Europe will remain nationally based. Due to the joint commitment of European Union member states to the freedoms of a common market, national citizenship regimes have become accountable to supranational rules, obliging...

In the course of economic crisis, the initiative in industrial relations shifts to employers. This paper does not present employers' recent industrial relations initiatives in detail, but rather tries to reconstruct the general strategic problem to which they are responding. This problem is to...

<DIV>As the influence of labor unions declines in many industrialized nations, particularly the United States, the influence of workers has decreased. Because of the need for greater involvement of workers in changing production systems, as well as frustration with existing structures of workplace...</div>