Capital Expenditures of Local Self-Governments in Crisis

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Capital Expenditures of Local Self-Governments in Crisis

Popis výsledku v původním jazyce

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%).

Název v anglickém jazyce

Capital Expenditures of Local Self-Governments in Crisis

Popis výsledku anglicky

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%).

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50206 - Finance

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2022

Kód důvěrnosti údajů

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

Název statě ve sborníku

XXV. mezinárodní kolokvium o regionálních vědách.

ISBN

9788028000684

ISSN

—

e-ISSN

—

Počet stran výsledku

8

Strana od-do

281-288

Název nakladatele

Masarykova univerzita

Místo vydání

Brno

Místo konání akce

Brno

Datum konání akce

22. 6. 2022

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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