Public Expenditure in the Slovak Republic
AbstractGood practice suggests that budget allocations should reflect spending priorities and that spending should provide cost-effective delivery of public goods and services. This paper analyzes the composition of public expenditure in the Slovak Republic. It also assesses the relative efficiency of spending in education and health. The Slovak Republic spends more on social benefits and less on wages compared to the EU and OECD average. While it manages to translate the low expenditures into outcomes in an efficient manner in the education sector, this is not true for health. Moreover, the recent increases in expenditure levels have not improved outcomes, suggesting that significant budgetary savings could be achieved through increases in efficiency.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 12/173.
Date of creation: 01 Jul 2012
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-08-23 (All new papers)
- NEP-PBE-2012-08-23 (Public Economics)
- NEP-TRA-2012-08-23 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Working Papers Department of Economics, ISEG - School of Economics and Management, Department of Economics, University of Lisbon
2005/05, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
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