Germany’s debt brake: Pulling the EU out of its debt trap?

Author (Person)
Series Title
Series Details Vol.46, No.6, November-December 2011, p327-331
Publication Date November 2011
ISSN 0020-5346
Content Type

How high would be the opportunity costs of the introduction of a German-style debt brake in other EU member states? The following article calculates these and concludes that they would in many cases be politically unacceptable. The author proposes an alternative solution, a 'debt brake light'

[Full text of articles can be found in the Intereconomics Archive two years after the initial publication]

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