Fiscal competition and economic freedom


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Jan Schnellenbarch, PD Dr.

Articles by this author (2)

Netherlands

by Jan Schnellenbarch, PD Dr.    27 November 2013    0

The big picture Dutch fiscal policy has recently been designed predominantly to speed up fiscal consolidation and to reduce public deficits. This takes place amidst a recession in 2012, where Dutch GDP shrank by 1.3%, after slightly positive yet very low growth in 2011. The fiscal deficit is (...)


Germany

by Jan Schnellenbarch, PD Dr.    29 November 2013    0

The big picture German fiscal policy is at present conducted under very favorable conditions. Capital flight into Germany during the Euro crisis has led to historically low interest rates on newly issued German public debt. Despite a not very low debt-to- GDP ratio of more than 80%, the (...)