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An index of fiscal democracy

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  • Streeck, Wolfgang
  • Mertens, Daniel

Abstract

Over the past four decades, the accumulation of policy legacies and public debt has led to a decline in fiscal flexibility in Germany and the United States. By applying an index of fiscal democracy to Germany, the paper illustrates the associated shrinkage of democratic control over budget priorities and compares the developments in both countries.

Suggested Citation

  • Streeck, Wolfgang & Mertens, Daniel, 2010. "An index of fiscal democracy," MPIfG Working Paper 10/3, Max Planck Institute for the Study of Societies.
    • Handle: RePEc:zbw:mpifgw:103
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    File URL: https://www.econstor.eu/bitstream/10419/41704/1/mpifg-wp10-3.pdf
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    References listed on IDEAS

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    1. Greif, Avner & Laitin, David D., 2004. "A Theory of Endogenous Institutional Change," American Political Science Review, Cambridge University Press, vol. 98(4), pages 633-652, November.
    2. Streeck, Wolfgang, 2009. "Institutions in history: Bringing capitalism back in," MPIfG Discussion Paper 09/8, Max Planck Institute for the Study of Societies.
    3. Greif,Avner, 2006. "Institutions and the Path to the Modern Economy," Cambridge Books, Cambridge University Press, number 9780521480444, September.
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    Cited by:

    1. Vojtěch Roženský, 2012. "Mandatorní výdaje a flexibilita fiskální politiky v ČR [Mandatory Expenditure and the Flexibility of Fiscal Policy in the Czech Republic]," Politická ekonomie, Prague University of Economics and Business, vol. 2012(1), pages 40-57.
    2. Katarína Šipulová & Samuel Spáč & David Kosař & Tereza Papoušková & Viktor Derka, 2023. "Judicial Self‐Governance Index: Towards better understanding of the role of judges in governing the judiciary," Regulation & Governance, John Wiley & Sons, vol. 17(1), pages 22-42, January.
    3. Lobna M. Abdellatif & Mohamed Zaky & Mohamed Ramadan, 2019. "Transparency of law making and fiscal democracy in the Middle East," Public Sector Economics, Institute of Public Finance, vol. 43(1), pages 49-77.

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