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@article{949373,
author = {Dvořáková, Petra},
article_location = {Brno},
article_number = {3},
keywords = {Fiscal Imbalance; Indebtedness; Fiscal Risks; Risks Map; Czech Regions},
language = {eng},
issn = {1213-2446},
journal = {Národohospodářský obzor},
title = {Fiscal Imbalance and Fiscal Risks Management on the Regional Level},
volume = {11},
year = {2011}
}
TY - JOUR
ID - 949373
AU - Dvořáková, Petra
PY - 2011
TI - Fiscal Imbalance and Fiscal Risks Management on the Regional Level
JF - Národohospodářský obzor
VL - 11
IS - 3
SP - 133-150
EP - 133-150
PB - ESF MU
SN - 12132446
KW - Fiscal Imbalance
KW - Indebtedness
KW - Fiscal Risks
KW - Risks Map
KW - Czech Regions
N2 - The aim of the paper was to evaluate usage of the fiscal instruments (mainly liabilities and fiscal risks management) in present practice of Czech regions. The current practice of fiscal instruments was explored particularly by the means of structured interviews in which representatives of all Czech regions participated. The survey showed different attitudes to debt/liabilities management exercised on the Czech regional level. An active debt management, as defined by the theory, has not been encountered in any of the Czech regions (except for the capital of Prague), although their representatives are convinced otherwise. Risk maps or risk matrixes are not usually created either but the risks connected with the regional budgets are monitored (especially currency risks and interest rate risks) and solved if necessary.
ER -
DVOŘÁKOVÁ, Petra. Fiscal Imbalance and Fiscal Risks Management on the Regional Level. \textit{Národohospodářský obzor}. Brno: ESF MU, 2011, vol.~11, No~3, p.~133-150. ISSN~1213-2446.
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