Economic Adjustment Pocedures of the German Bundesländer

Abstract Since the 2020 budget year, German states or Bundesländer have been required to follow the debt ban under Art. 109 (3) of the German constitution. In this context, they could opt for an economic adjustment procedure. With the exception of Bavaria, all Bundesländer use such a method to deter...

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Bibliographic Details
Main Author: Markus Kasseckert
Format: Article
Language:deu
Published: Sciendo 2022-10-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-022-3290-5