In Germany, legislative projects of the Bundestag are subject to this principle: at the end of a legislative period, all procedures that have not yet been completed lapse. A new government has to reopen each procedure. This has proved disadvantageous for medium- and long-term reform projects, such as those in the financial market.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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