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  • Financing federal states in a federal system - the German experience before and after unification
  • The federal financial constitution is an essential element of the federal, decentralised political system. It regulates the fiscal equalisation among the Länder. The purpose of this instrument is to elevate the financial strength of the financially
  • equalisation. In 2005 there must be found a new regulation. This raises the question as to whether the high equalisation goal in Germany is compatible with a territorial structure on the Länder level, which makes probable an extremely varied economic