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Consolidating Germany's Finances: Issues in Public Sector Spending Reform

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Organisation for Economic Co-operation and Development2026-04-11 收录
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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. Firstly, it has been difficult to ensure a sustainable fiscal policy, and the size of the overall deficit makes it difficult for the automatic stabilisers to operate freely....
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