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@inbook{951104,
author = {Jahoda, Robert and Dvořáková, Petra},
address = {Bratislava, Slovakia},
booktitle = {Local Government Finance in Times of Crisis: An Early Assessment},
keywords = {Czech regions; budgetary process; economic crisis},
howpublished = {tištěná verze "print"},
language = {eng},
location = {Bratislava, Slovakia},
isbn = {978-80-89013-54-8},
pages = {54-72},
publisher = {NISPAcee Press},
title = {Regional Budgets and Budgetary Process of Regions in Times of Crisis: The Czech Case},
year = {2011}
}
TY - CHAP
ID - 951104
AU - Jahoda, Robert - Dvořáková, Petra
PY - 2011
TI - Regional Budgets and Budgetary Process of Regions in Times of Crisis: The Czech Case
VL - neuveden
PB - NISPAcee Press
CY - Bratislava, Slovakia
SN - 9788089013548
KW - Czech regions
KW - budgetary process
KW - economic crisis
N2 - The economic crisis has not avoided the Czech Republic. Great impact to the Czech public finance can be observed in tax revenues sharing system which falls on revenue side of Czech regions. On the other hand, expenditure side of regional budgets seemed almost indifferent to economic cycle in the first years of crisis. The chapter deals with impacts of the economic crisis on regional self-government in the Czech Republic. We divide our paper into quantitative and qualitative part from the public finance perspective. The first part shows whether there is a change in the vertical allocation of resources and if the crisis resulted in a change in horizontal equalization. Qualitative part of the chapter demonstrates whether and how individual regions were operational during unexpected circumstances. The economic crisis helped us to examine the quality of regional budgetary process. We monitor how regions were able to react on slump in their revenues in the year 2009.
ER -
JAHODA, Robert and Petra DVOŘÁKOVÁ. Regional Budgets and Budgetary Process of Regions in Times of Crisis: The Czech Case. In \textit{Local Government Finance in Times of Crisis: An Early Assessment}. Bratislava, Slovakia: NISPAcee Press, 2011, p.~54-72. ISBN~978-80-89013-54-8.
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