Research Network Working Paper, 396. Subnational goverment bailouts in Germany [texto impreso] / Helmut Seitz . - Washington : Banco Interamericano de Desarrollo, 2000 . - 36 p.
Idioma : Inglés

Temas:	ALEMANIA ASPECTOS FISCALES BANCO INTERAMERICANO DE DESARROLLO BANCOS IMPUESTOS
Clasificación:	338.9
Resumen:	This paper presents an investigation of subnational government bailouts in Germany. In the first part we briefly describe the system of fiscal federalism in Germany. The main part of the paper examines the bailout of two West German states. We identify the causes of the financial crisis in both states and examine the institutional settings as well as the ruling of the Constitutional Court that forced the federal government to provide bailout transfers. In addition, we investigate the impact these transfers had on the fiscal performance of both states. In a further section we provide evidence on bailouts of local governments by German states. A final section summarizes our results and presents policy conclusions.
En línea:	http://idbdocs.iadb.org/wsdocs/getdocument.aspx?docnum=788025
Enlace permanente a este registro:	https://opac.um.edu.uy/index.php?lvl=notice_display&id=72896