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Titelseite |
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Impressum |
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Inhaltsangabe |
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1 |
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List of figures |
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2 |
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List of tabels |
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3 |
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0 Summary |
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5-8 |
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Zusammenfassung |
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8-9 |
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1 Introduction
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10-11 |
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2 Austerity and the neglect of public investment in the Euro area
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12-17 |
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3 The Golden Rule for public investment: towards an operationalization
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18-32 |
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3.1 Introduction: the pay-as-you-use-principle and intergenerational equity
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18-20 |
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3.2 (Traditional) public investment and economic performance in the long run
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20-22 |
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3.3 (Traditional) public investment and economic performance in the short run
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22-24 |
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3.4 Towards an economically plausible operationalization of public investment
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25-28 |
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3.5 Some technical questions of implementation
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28-29 |
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3.6 Conclusion: A pragmatic proposal for a European Golden Investment Rule
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29-32 |
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4 The abandonment of existing Golden Rules for public investment in Germany and the UK as a counterargument?
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33-42 |
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4.1 The German ‘Golden Rule’ and its substitution by the constitutional ‘debt brake’
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33-38 |
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4.2 The UK’s Golden Rule suspended in 2008/9
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38-42 |
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4.3 Conclusions
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42 |
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5 Towards a European fiscal policy strategy to boost and safeguard public investment and support the recovery
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43-51 |
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5.1 The EU Commission’s insufficient strategy for public investment and fiscal stimulus
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43-46 |
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5.2 An alternative European fiscal policy strategy
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47-51 |
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5.2.1 Implementing the Golden Rule to strengthen public investment and safeguard it in the medium term
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47-49 |
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5.2.2 A European Investment Programme and an expansionary overall fiscal stance to spark off the recovery
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49-51 |
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6 Conclusion |
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References |
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53-58 |
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Appendix: Public investment under ESA 2010 and 1995 compared |
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59-61 |
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Materialien zu Wirtschaft und Gesellschaft |
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62 |
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Einband |
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138 |
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