Wie finanzieren sich Völkergemeinschaften? Vom Kaiserreich zur Eurokrise – Drei Modelle im Vergleich
Charles Blankart
Zeitschrift für Wirtschaftspolitik, 2012, vol. 61, issue 3, 241-266
Abstract:
Five eras of multilevel public finance are discussed: the German Kaiserreich, the Weimar Republic, the Federal Republic of Germany and the European Union before and after the euro crisis. Multilevel systems can work efficiently as long as they are organized according to the principle of institutional congruence where the circles of beneficiaries, decision makers and tax payers coincide. Systems of institutional incongruence, in contrast, are prone to cost shifting and long-run unsustainability. Their dynamics often end in a deadlock in which citizens opt for a unitary state dispensing them from the burden of choice without providing them a stable budget.
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://doi.org/10.1515/zfwp-2012-0303 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:lus:zwipol:v:61:y:2012:i:3:p:241-266
Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/zfwp/html
DOI: 10.1515/zfwp-2012-0303
Access Statistics for this article
Zeitschrift für Wirtschaftspolitik is currently edited by Juergen B. Donges, Steffen J. Roth, Achim Wambach and Christian Watrin
More articles in Zeitschrift für Wirtschaftspolitik from De Gruyter
Bibliographic data for series maintained by Peter Golla ().