News from 2018-07-16 / KfW Research
Allemagne en marche?! Municipal investment backlogs in France and Germany
In an international comparison, German municipalities have a significant investment backlog, while French municipalities are doing better. The analysis suggests that this cannot be explained by the centralist structure of the French state but by the specific structure of the municipal level. For Germany, that means increasingly delegating funding responsibility to the federal level and introducing one-off special programmes will not provide a long-term solution. Instead, municipalities should generally be given more financial leeway through a clear definition of responsibilities and appropriate allocation of financial resources.
Allemagne en marche?! Municipal investment backlogs in France and Germany
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