An index of fiscal democracy

Wolfgang Streeck and Daniel Mertens

No 10/3, MPIfG Working Paper from Max Planck Institute for the Study of Societies

Abstract: 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 priorities and compares the developments in both countries.

Date: 2010
New Economics Papers: this item is included in nep-pbe
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:mpifgw:103

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