Capital Expenditures of Local Self-Governments in Crisis

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F22%3A00126240" target="_blank" >RIV/00216224:14560/22:00126240 - isvavai.cz</a>
Result on the web
<a href="https://munispace.muni.cz/library/catalog/chapter/2157/665" target="_blank" >https://munispace.muni.cz/library/catalog/chapter/2157/665</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.5817/CZ.MUNI.P280-0068-2022-34" target="_blank" >10.5817/CZ.MUNI.P280-0068-2022-34</a>

Result language
angličtina
Original language name
Capital Expenditures of Local Self-Governments in Crisis
Original language description
Despite the fiscal decentralization, local self-governments in Slovak and Czech Republic are dependent on state budget revenues and are therefore very sensitive and responsive to any changes at the national level. The financial crisis, as well as the COVID-19 pandemic, have significantly affected the financial management of local self-governments. Most articles deal with the impact of crises on the current budget of municipalities. The aim of the paper is to analyze capital expenditures in two crisis periods - the global financial crisis and the COVID-19 pandemic at the level of local self-governments in Slovak and Czech Republic. From the point of view of the financial crisis, we analyze time period 2007-2012 and from the point of view of the COVID-19 pandemic, we analyze the period 2017-2020. As a base we used the data from the evaluation of the results of budget management of municipalities in Slovak Republic and data from Slovak and Czech Statistical Office. The analysis showed that the financial crisis did not have a significant impact on municipal capital expenditures, but the COVID-19 pandemic caused them to decline. In terms of structure, the biggest share was accounted for by capital expenditures associated with investment purchases (Slovak Republic on average 94%, Czech Republic 88%).
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
XXV. mezinárodní kolokvium o regionálních vědách.
ISBN
9788028000684
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
281-288
Publisher name
Masarykova univerzita
Place of publication
Brno
Event location
Brno
Event date
Jun 22, 2022
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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