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Sustainability of Public Finances: Does It Still Play a Role?

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Listed:
  • Martin Werding
  • Klaus Gründler
  • Benjamin Läpple
  • Robert Lehmann
  • Martin Mosler
  • Niklas Potrafke

Abstract

Even before the outbreak of the coronavirus crisis, the sustainability of German public finances was not in good shape. Calculations for the Fifth Sustainability Report of the Federal Ministry of Finance show that in the next few years, budget surpluses that are much larger than those before the current crisis will be necessary in order to secure long-term sustainable public finances.

Suggested Citation

  • Martin Werding & Klaus Gründler & Benjamin Läpple & Robert Lehmann & Martin Mosler & Niklas Potrafke, 2020. "Sustainability of Public Finances: Does It Still Play a Role?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(09), pages 53-58, September.
    • Handle: RePEc:ces:ifosdt:v:73:y:2020:i:09:p:53-58
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    References listed on IDEAS

    as
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    Cited by:

    1. Westerhout, Ed, 2022. "30 Years of Generational Accounting : A Critical Review," Discussion Paper 2022-021, Tilburg University, Center for Economic Research.
    2. Westerhout, Ed, 2022. "30 Years of Generational Accounting : A Critical Review," Other publications TiSEM 252a02fe-7374-499e-97c5-0, Tilburg University, School of Economics and Management.

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    More about this item

    Keywords

    Öffentliche Finanzen; Öffentlicher Haushalt; Finanzpolitik;
    All these keywords.

    JEL classification:

    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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