„… to the budget deficit of the Eurozone member states,1 the body of secondary law for their enforcement …” „… reduce the budget deficit, the government imposed deep cuts in subsidies to state-owned en‐ terprises and …” „… ' – Austerity – 'Populism' – Brexit 200 get deficit and through liberalisation of prices and trade made …”

„… career to return to the UK. A separate set of concerns is that the UK citizen in, say, Lux‐ embourg would …” „… constitutional architecture of the EU is creaky and there are plenty of imperfections: the democratic deficit has …”

„… budget deficit, added to an already huge public debt, an unsustainable current account deficit, coupled …” „… with a credibility deficit when previous governments were found to have been economical with the truth …” „… prevent excessive deficits are features of the economic arm but the ultimate responsibility for economic …”

„… reminiscent of the 1930 s. Doubts about sovereign credit are forcing reductions in budget deficits at a time …” „… stimulus. Keynes taught us that budget deficits are essential for countercyclical policies in times of …” „… convergence prescribed by the Maastricht Treaty, these countries grew faster and developed trade deficits …”

„… EU countries are struggling with sizeable deficits and debts. But the problems in the eurozone seem …” „… . Confidence that national estimates of growth, budget deficits and inflation are reliable. And above all …” „… be the upper limit. That is the rule we will return to and observe. Every country with a higher debt …”

„… and the deficit of the government and the money, which investors needed, came from abroad. So the …” „… and it will probably not return that easily. That is the big problem. The American model, which …” „… deficit will have to decline via income shrinkage so that the imports decline, by means of a devaluation …”

„… democratic deficit. And indeed, there is some truth to this description of the state of affairs. So when the …” „… want to return to talking about global governance in the register of constitutionalism, we might …”

„… in Africa, nor in the West – which explains the inherent democratic deficit that representative …” „… this historical juncture. Representative democracy’s deficit Western governments might be called …” „… citizenry paves the way for despotic deformations and loss of liberty.17 Adding to the ‘democratic deficit …”

„… of capital). They analyse the risks involved in the process of rate of return regulation …” „… uncertainty involved in the actual assignment of the allowed rate of return (setting rule risk). Buckland and …” „… of heterogeneous regulatory intervention, considered as significant, on the variance of the returns …”

„… for motorways). The history of these efforts with its frequent return to earlier positions is …” „… best pricing may entail a deficit for the regulated firm. Second best takes this consideration into …” „… plus a public subsidy to cover the deficit). He is always able to identify parameter constellations …”

„… Theory of Fiscal Deficits and Government Debt. The Review of Economic Studies, 57 (3), 403-414. ALESINA …” „… . (1994). Increasing Returns and Path Dependence in the Economy. Ann Arbor: University of Michigan Press …” „… . (1985). Debt, Deficits, and Finite Horizons. The Journal of Political Economy, 93 (2), 223-247. BLANKART …”