With fiscal equalization debt brakes and special funds set to shape public budgets for decades
to come Thorsten Ingo Schmidt's textbook seeks to make public finance law accessible and
explain the complicated regulations in their interaction between European constitutional and
administrative law. Starting from historical and systematic foundations the author details
financial constitutional law within the federal state placing special emphasis on fiscal
equalization. He then moves on to deal with the debt brake for the German government and its
federal states other budgetary principles budgetary procedure itself and state property law.
These state regulations are then contrasted with the financial law of the municipalities and
social security system while a comparison with the financial law of the European Union serves
to sharpen the view for the advantages and disadvantages of Germany's regulations. A
presentation of legal protection in public finance law and a look towards the future of public
finance law round off this comprehensive volume.
