Budgetpolitische Eigenverantwortung bei rückläufiger Bevölkerungsentwicklung

Wolfram Richter, Marcel Thum and Horst Zimmermann

Wirtschaftsdienst, 2013, vol. 93, issue 8, 531-533

Abstract: Demographic change is a particular challenge for fiscal federalism, because the decline of population is expected to affect the various regions within a country unequally. Population growth and shrinkage co-exist, thus requiring both upward and downward adjustments in physical and social infrastructure. A recent report by the Scientific Advisory Board to the German Federal Ministry of Finance discusses the potential implications for the governance of budget policy. The present article reviews this report, which pleads in favour of tight budget constraints and clear-cut fiscal accountability at the local level. Rules have to be enforced which ensure the timely adjustment of local public expenditures to shrinking revenues. The state and federal levels have to protect themselves against the risk of having to bail out those local jurisdictions which have missed or delayed the necessary measures against growing deficits. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2013

Keywords: H7; J1; R5 (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1007/s10273-013-1560-y

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