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The Case of Public Capital Budgeting and Management Process in Germany

The Case of Public Capital Budgeting and Management Process in Germany

Natalia B. Ermasova
Copyright: © 2023 |Pages: 25
ISBN13: 9781668474600|ISBN10: 1668474603|EISBN13: 9781668474617
DOI: 10.4018/978-1-6684-7460-0.ch028
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MLA

Ermasova, Natalia B. "The Case of Public Capital Budgeting and Management Process in Germany." Research Anthology on Macroeconomics and the Achievement of Global Stability, edited by Information Resources Management Association, IGI Global, 2023, pp. 506-530. https://doi.org/10.4018/978-1-6684-7460-0.ch028

APA

Ermasova, N. B. (2023). The Case of Public Capital Budgeting and Management Process in Germany. In I. Management Association (Ed.), Research Anthology on Macroeconomics and the Achievement of Global Stability (pp. 506-530). IGI Global. https://doi.org/10.4018/978-1-6684-7460-0.ch028

Chicago

Ermasova, Natalia B. "The Case of Public Capital Budgeting and Management Process in Germany." In Research Anthology on Macroeconomics and the Achievement of Global Stability, edited by Information Resources Management Association, 506-530. Hershey, PA: IGI Global, 2023. https://doi.org/10.4018/978-1-6684-7460-0.ch028

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Abstract

This chapter presents an analysis of four main components of the German capital budgeting system including (1) long-term public capital planning, (2) annual public budgeting and financing, (3) project execution, and (4) public infrastructure evaluation. Germany provides good conditions for capital investments. This chapter explains main reasons for it: institutional framework, healthy public finance, structural reform, and special investment and redemption fund that gave a boost to investments in infrastructure. This case describes the capital budgeting process in Germany and explains the recent trends of public capital investments.

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