SPECIAL ISSUE | ||
Scheller Henrik |
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Impacts of the crisis on fiscal policy-making in the Federal Republic | ||
in Cuadernos Manuel Giménez Abad , n. 5, junio , 2013 , 8-20 | ||
In many respects the political efforts in dealing with the 2008/2009 financial and economic crises and their follow-on effects are different from fiscal policy-making in 'normal times'. The past four years has seen the passage of a series of comprehensive packages of legislation by the German Bundestag and Bundesrat aimed at mitigating the impacts of the crises. In purely quantitive terms, the sheer number of extremely complex laws involving huge sums of money rapidly passed is indicative of admirable responsiveness and flexibility of the political system. From a qualitative standpoint, though, the massive interventions of the executive branch in the legislative process endanger the legitimacy and the sovereignty of the parliament and thus contributing to a loss of acceptance of Fiscal democracy Full text available online at http://dialnet.unirioja.es/descarga/articulo/4347649.pdf Download | ||