Effect of the COVID-19 Pandemic on the Management of Czech Regions: The Case of the Moravian-Silesian Region.

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F21%3AA0000271" target="_blank" >RIV/47813059:19520/21:A0000271 - isvavai.cz</a>

Result on the web

<a href="https://doi.org/10.46585/sp29011244" target="_blank" >https://doi.org/10.46585/sp29011244</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.46585/sp29011244" target="_blank" >10.46585/sp29011244</a>

Result language

angličtina

Original language name

Effect of the COVID-19 Pandemic on the Management of Czech Regions: The Case of the Moravian-Silesian Region.

Original language description

The aim of the article is to examine the financial effects of the COVID-19 pandemic on the management of Czech regions, especially in the Moravian-Silesian region. Significant pressure to deepen the imbalance between public revenue and spending is reflected at the level of regional budgets. First, empirical evidence is provided, focusing on Czech regional budgets before the pandemic. The results suggest a very good financial condition in Czech regions, as regularly confirmed by the fulfilment of a set of Ministry of Finance monitoring indicators. Next, the article centres on the main measures in the financial management of the Moravian-Silesian region. The Regional Council implemented 296 budgetary measures, amounting to 41.5 billion CZK, as a response to the COVID-19 pandemic in 2020. Responsible financial management of the Moravian-Silesian region was also confirmed by the approval of a favourable loan in December 2020, which will enable us to continue investing in spite of the impact of the COVID-19 pandemic.

Czech name

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Czech description

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Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

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OECD FORD branch

50206 - Finance

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2021

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Scientific Papers of the University of Pardubice - Series D

ISSN

1804-8048

e-ISSN

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Volume of the periodical

29

Issue of the periodical within the volume

1

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

11

Pages from-to

1-11

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85104500062