Rome, Italy. 22nd June 2012: French President Francois Holland and German Chancellor Angela Merkel – Corbis News
Fiscal competition and economic freedom
Reforming is a path for reelection: German Chancellor Angela Merkel privatized, deregulated, capitalized. She did not reflate nor accepted deficits : she reduced taxes. For sure, there are some lessons to learn for France. Actually, dismantling the Welfare State has lead to these good results. Since Germany has less civil servants (50 civil servants for 1000 inhabitants in Germany, 90/1000 in France), the German Federal Goverment make a yearly saving of 135 billion euros that France cannot do.
continue reading the whole article …
(published by IREF: The Institute for Research in Economic and Fiscal issues; 1st of October 2013)
The views expressed on austriancenter.com are not necessarily those of the Austrian Economics Center.
We are glad you do! Please consider donating if you want to read more articles like this one.
Comment
|
October 2nd, 2013
Germany : Less Welfare State, More Electoral Victories
Fiscal competition and economic freedom Reforming is a path for […]
Rome, Italy. 22nd June 2012: French President Francois Holland and German Chancellor Angela Merkel – Corbis News
Fiscal competition and economic freedom
Reforming is a path for reelection: German Chancellor Angela Merkel privatized, deregulated, capitalized. She did not reflate nor accepted deficits : she reduced taxes. For sure, there are some lessons to learn for France. Actually, dismantling the Welfare State has lead to these good results. Since Germany has less civil servants (50 civil servants for 1000 inhabitants in Germany, 90/1000 in France), the German Federal Goverment make a yearly saving of 135 billion euros that France cannot do.
continue reading the whole article …
(published by IREF: The Institute for Research in Economic and Fiscal issues; 1st of October 2013)
Author
View all posts
The views expressed on austriancenter.com are not necessarily those of the Austrian Economics Center.
Do you like the article?
We are glad you do! Please consider donating if you want to read more articles like this one.
Related
Comment
Eurozone’s road to political union looks like a mirage
October 16th, 2015
Comment
Join us at the FMRS New York!
October 30th, 2017
Comment
Hayek’s Rules of Order
November 5th, 2014
Comment
Privatize Marriage!
July 7th, 2017
Comment
Between India and Silicon Valley: an Ocean of Oppurtunites
April 3rd, 2023