Das Klima und eine marode Infrastruktur richten sich nicht nach der Schuldenbremse

Heine Michael and Herr Hansjörg

Wirtschaftsdienst, 2024, vol. 104, issue 1, 21-24

Abstract: The German Federal Constitutional Court has ordered a revision of public budgets following the correct interpretation of the German debt brake. The debt brake is an obstacle to necessary public investment needed for ecological transformation of areas such as housing construction and education. The debt brake should be replaced by the golden rule of fiscal policy, which allows credit financing of public investments.

JEL-codes: H50 H63 K20 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:wirtsc:v:104:y:2024:i:1:p:21-24:n:9

DOI: 10.2478/wd-2024-0009

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