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@inproceedings{1205080, author = {Nemec, Juraj and Šumpíková, Markéta and Klazar, Stanislav and Mikušová Meričková, Beáta and Grega, Matúš}, address = {Brno}, booktitle = {European Financial Systems 2014. Proceedings of the 11th Internat ional Scientific Conferenc}, edition = {1}, editor = {Oleg Deev, Veronika Kajurová, Jan Krajíček}, keywords = {crisis; public finance; efficiency; effectiveness; public procurement}, howpublished = {elektronická verze "online"}, language = {eng}, location = {Brno}, isbn = {978-80-210-7153-7}, pages = {425-432}, publisher = {Masarykova Univerzita}, title = {Fiscal imbalances: How Should Public Finance React?}, year = {2014} }
TY - JOUR ID - 1205080 AU - Nemec, Juraj - Šumpíková, Markéta - Klazar, Stanislav - Mikušová Meričková, Beáta - Grega, Matúš PY - 2014 TI - Fiscal imbalances: How Should Public Finance React? PB - Masarykova Univerzita CY - Brno SN - 9788021071537 KW - crisis KW - public finance KW - efficiency KW - effectiveness KW - public procurement N2 - After 2008, one of the main issue in EU countries became growing deficit of public finances. This paper argues, that th e most feasible way how to improve growing fiscal imbalances in Czech Republic and Slovakia is to focused on efficiency improvements, especially in contracting of pu blic services and public procurement. Our ten year long research in contracting of public services shows, that low level of competition, lack of motivation and poor cont ract management skills are the main issues. In public procurement, active and passive co rruption can be the source of inefficiency. According to our estimates, up to 5% of GDP is wasted because of allocative and technical inefficiencies in ou r public sector. Improvement solutions are briefly described in conclusions of this paper, but the core problem can be lack of political will and of implementation capacity. ER -
NEMEC, Juraj, Markéta ŠUMPÍKOVÁ, Stanislav KLAZAR, Beáta MIKUŠOVÁ MERIČKOVÁ and Matúš GREGA. Fiscal imbalances: How Should Public Finance React?. Online. In Oleg Deev, Veronika Kajurová, Jan Krajíček. \textit{European Financial Systems 2014. Proceedings of the 11th Internat ional Scientific Conferenc}. 1st ed. Brno: Masarykova Univerzita, 2014, p.~425-432. ISBN~978-80-210-7153-7.
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