Unter dem Titel <Die Krise. Politik zu Lasten der Steuerzahler> wird die Verstrickung aller staatlichen Ebenen in die Finanzkrise analysiert. Die Schrift zeigt auf, welche Konsequenzen die Politik ziehen muss, um die Gefahr einer nächsten Krise zu bannen.(Quelle: BdSt Deutschland e.V. / Internet).

Local governments in Japan account for about 80 per cent of general government spending when excluding social security expenditures. Therefore, for the implementation of fiscal policy it is important how local governments will behave. On the basis of the economic theories on fiscal federalism it...

The paper highlights the importance of the design of the fiscal features of the federal system of government in ensuring that potential benefits from its adoption are realized. This economic literature on fiscal federalism posits a framework that delineates the potential benefits ensuing from...