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This report explores the ways in which several types of budget institutions facilitate reallocation. The report looks, among other things, at medium-term expenditure frameworks, rules of budgetary discipline, the role of the minister of finance, and programme review.
Key indicators show Germany belonging to the countries in the OECD with strong innovation activity even though some weakening in Germany’s position relative to other OECD countries has occurred recently, as discussed in this working paper.
This review presents an overall picture, set within a macroeconomic context, of regulatory achievements and challenges in Germany, including regulatory quality, competition policy, and market openness.
This working paper suggests that while the German federal fiscal system has been successful in promoting a high standard of living even in regions whose economic capacity is low, tensions have emerged.