Judging the Sustainability of Czech Public Finances
The position of Czech public finances has been pronounced unsustainable by economists, while politicians claim more or less the opposite. Correct judgment is complicated by the purposeful use of arguments by the two groups in disagreement, by use of different methodology to collect the data and above all, by the fact that there is no precise benchmark for measuring the sustainability. My work attempts to surpass those complications. It attempts to shed more light on Czech public finances sustainability and to present further arguments, presenting Czech public finances in widest international context possible and using comparable, samemethodology based data, as well as different approaches and angles public sector can be looked upon. The analysis suggests that concerns of economists about the future development of Czech public finances are legitimate.
|Date of creation:||2005|
|Date of revision:||2005|
|Contact details of provider:|| Postal: Opletalova 26, CZ-110 00 Prague|
Phone: +420 2 222112330
Fax: +420 2 22112304
Web page: http://ies.fsv.cuni.cz/
More information through EDIRC
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.:
- Vladimir Bezdek & Kamil Dybczak & Ales Krejdl, 2003. "Czech Fiscal Policy: Introductory Analysis," Working Papers 2003/07, Czech National Bank, Research Department.
- C. John McDermott & Robert F. Wescott, 1996.
"An Empirical Analysis of Fiscal Adjustments,"
IMF Staff Papers,
Palgrave Macmillan, vol. 43(4), pages 725-753, December.
- von Hagen, Jurgen & Harden, Ian J., 1995.
"Budget processes and commitment to fiscal discipline,"
European Economic Review,
Elsevier, vol. 39(3-4), pages 771-779, April.
- International Monetary Fund, 1996. "Budget Processes and Commitment to Fiscal Discipline," IMF Working Papers 96/78, International Monetary Fund.
- František Turnovec & Jacek W. Mercik & Mariusz Mazurkiewicz, 2004. "Power Indices: Shapley-Shubik OR Penrose-Banzhaf?," Working Papers IES 48, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised 2004.
- Martin Gregor, 2005. "Tolerable Intolerance: An Evolutionary Model," Working Papers IES 72, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised 2005.
When requesting a correction, please mention this item's handle: RePEc:fau:wpaper:wp073. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lenka Herrmannova)
If references are entirely missing, you can add them using this form.