New Ways of Limiting Local Government Debt: An Empirical Assessment of the German Case
- Severe fiscal pressure experienced by some German municipalities has led to a shift in the way municipalities are controlled by the responsible state governments. Instead of purely relying on a system of approving budgets and borrowing, some states have established debt relief programmes which combine grants and sanctions, or even sent austerity commis-sioners who take over responsibilities of councils and mayors. Whether these are deemed proportionate and legitimate interventions into the constitutionally guaranteed administra-tive autonomy of the local level depends heavily on their success in limiting local government debt. Based on an innovative synthetic control approach, this paper undertakes an empirical assessment of a recent debt relief programme in North Rhine-Westphalia and the deploy-ment of an austerity commissioner, revealing that both instruments to some degree positive-ly impacted upon local government debt, as compared to non-intervention. Nevertheless, it finds the effect is limited in substantial terms.
Author: | Steffen Zabler |
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URL: | https://www.springerprofessional.de/new-ways-of-limiting-local-government-debt-an-empirical-assessme/18762514 |
ISBN: | 978-3-030-56058-4 |
ISBN: | e-book: 978-3-030-56059-1 |
Parent Title (English): | The Future of Local Self-Government: European Trends in Autonomy, Innovations and Central-Local Relations |
Publisher: | Palgrave Macmillan |
Place of publication: | Cham |
Editor: | Tomas Bergström, Jochen Franzke, Sabine Kuhlmann, Ellen Wayenberg |
Document Type: | Part of a Book |
Language: | English |
Year of Completion: | 2021 |
Publishing Institution: | Deutsche Universität für Verwaltungswissenschaften |
Release Date: | 2021/03/22 |
Popular scientific document: | Nein |
Reviewed Document?: | Nein |
Online-Document?: | Nein |
First Page: | 243 |
Last Page: | 255 |
Documents ordered by chairs: | Lehrstuhl für Politikwissenschaft (Univ.-Prof. Dr. Stephan Grohs) |
Documents ordered by discipline (DDC classification): | 300 Sozialwissenschaften / 320 Politik |
Licence (German): | Urheberrechtlich geschützt |