Document Type

Article

Disciplines

International Law

Abstract

This article compares how German and American constitutional frameworks shape alternative approaches for legislative self-discipline regarding public debt. The purpose of the comparison is to identify structural features of the respective constitutional regimes that further or hinder long-term budgetary discipline on the part of a national legislature. The authors believe the devilish details of this globally pressing legislative goal demand a discussion that is sensitive to both constitutional and fiscal challenges.

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