C 2011

Regional Budgets and Budgetary Process of Regions in Times of Crisis: The Czech Case

JAHODA, Robert and Petra DVOŘÁKOVÁ

Basic information

Original name

Regional Budgets and Budgetary Process of Regions in Times of Crisis: The Czech Case

Authors

JAHODA, Robert (203 Czech Republic, guarantor) and Petra DVOŘÁKOVÁ (203 Czech Republic, belonging to the institution)

Edition

Bratislava, Slovakia, Local Government Finance in Times of Crisis: An Early Assessment, p. 54-72, 19 pp. 2011

Publisher

NISPAcee Press

Other information

Language

English

Type of outcome

Kapitola resp. kapitoly v odborné knize

Field of Study

50600 5.6 Political science

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

printed version "print"

RIV identification code

RIV/00216224:14560/11:00050010

Organization unit

Faculty of Economics and Administration

ISBN

978-80-89013-54-8

Keywords in English

Czech regions; budgetary process; economic crisis
Změněno: 5/6/2017 10:55, Mgr. Ing. Petra Dvořáková, Ph.D.

Abstract

V originále

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.

Links

GA402/08/1158, research and development project
Name: Implementace nových nástrojů řízení veřejných výdajů na regionální úrovni v ČR
Investor: Czech Science Foundation, Implementation of new instruments of public expenditures management on regional level in the Czech Republic