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Debt Brake as an Instrument for Consolidation of Public Budgets in Germany
Sillmen, David ; Mlsna, Petr (advisor) ; Kučera, Jaroslav (referee)
The presented thesis examines the process of adoption of new constitutional rule - debt brake - into german Grundgesetz. Germany attempts to establish the debt brake not only on European level, but also recommends other EU states to accept it. The goal of this thesis is to descripe and evaluate the process which has led up to acceptance of the debt brake as one of potential solutions to stop the excessively growing indebtedness and which has been by far influenced by the work of II. commision for federalism reform. The thessis strives to answer the questions if there was political, expert and social agreement on the issue, how does it influence budget sovereignty of the federal lands and if it really can be an effective instrument in the effort for stopping of indebtness increase, alternatively if it brings any effect even before it came into force, for example in the form of preparing of the budgets for 2016 and 2020 respectivelly. One part of the thesis is dedicated to Swiss debt brake, which served as a model for the german one, especially in terms of it's functionality. Even though it is complicated to evaluate the debt brake before it came into force, the results of the thesis showed for example the problematic nature of the relation between debt brake in the Grundgesetz and individual...
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