Germany's Municipal Finances: A Looming Crisis and Urgent Reforms
German municipalities face a severe financial crisis due to federal mandates, soaring social costs, and ambitious, often unfinanced, policy goals.
German municipalities face a severe financial crisis due to federal mandates, soaring social costs, and ambitious, often unfinanced, policy goals.
Re-evaluating public debt's role in economic growth and stability, addressing its utility in crises and the pitfalls of mismanaged fiscal policy.
Analysis of Europe's public finances reveals a concerning trend of present-oriented spending, driven by high debt and political short-termism.
Germany faces a critical challenge as its capital stock ages, threatening productivity and long-term prosperity. Underinvestment and policy inertia are key drivers.
Germany faces 'renewal crisis' with job losses & lagging innovation, driving calls for new industrial policy. Gold price surges, reflecting global financial system mistrust.
Geoeconomics is back. States wield economic power for political aims, raising questions about trade, financial stability, and alliances.
The global economy has shifted from peace to a 'war economy', driven by geopolitical conflicts and strategic dependencies. Europe faces critical challenges amid US-China rivalry.
Analyse der deutschen Wohnungsnot, ihrer politischen Ursachen und marktwirtschaftlicher Lösungsansätze zur Wiederherstellung eines funktionsfähigen Marktes.
Die BIZ warnt eindringlich vor einer neuen Finanzkrise, ausgelöst durch explodierende Staatsverschuldung. Analyse der Risiken, politischer Dilemmata und möglicher Auswege durch Inflation oder Repression.
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