The Problem of Municipal Indebtedness: a Case of the Municipalities in the Moravian-Silesian Region

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The Problem of Municipal Indebtedness: a Case of the Municipalities in the Moravian-Silesian Region

Popis výsledku v původním jazyce

Municipalities may find themselves in a situation where they do not have sufficient funds in their budget to cover expenses. This leads to the search of foreign resources, either in the form of repayable or non-repayable funds and hence in debt. The question of the indebtedness of municipalities is one of the discussed topics in the Czech Republic. This is due to the recently increasing municipal debt, which accelerated in the 90´s of last century and still affects more than half of the municipalities. The aim of this paper is to find out the debt situation of all 300 municipalities in the Moravian-Silesian Region, namely the ability to repay their debts and to find out whether this repayment is a problem for municipalities. For this purpose, the ratio of the total debt to the current budget balance was selected. The municipalities were monitored between the years 2010 and 2016. It was found that in the case of an indebtedness indicator regarding the ability to repay its liabilities in the medium term, the municipality in the Moravian-Silesian Region as a whole do not show a high degree of risk, more than sixty percent of them are stable and few municipalities have to focus on improving it.

Název v anglickém jazyce

The Problem of Municipal Indebtedness: a Case of the Municipalities in the Moravian-Silesian Region

Popis výsledku anglicky

Municipalities may find themselves in a situation where they do not have sufficient funds in their budget to cover expenses. This leads to the search of foreign resources, either in the form of repayable or non-repayable funds and hence in debt. The question of the indebtedness of municipalities is one of the discussed topics in the Czech Republic. This is due to the recently increasing municipal debt, which accelerated in the 90´s of last century and still affects more than half of the municipalities. The aim of this paper is to find out the debt situation of all 300 municipalities in the Moravian-Silesian Region, namely the ability to repay their debts and to find out whether this repayment is a problem for municipalities. For this purpose, the ratio of the total debt to the current budget balance was selected. The municipalities were monitored between the years 2010 and 2016. It was found that in the case of an indebtedness indicator regarding the ability to repay its liabilities in the medium term, the municipality in the Moravian-Silesian Region as a whole do not show a high degree of risk, more than sixty percent of them are stable and few municipalities have to focus on improving it.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50602 - Public administration

Projekt

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Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2018

Kód důvěrnosti údajů

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

Název statě ve sborníku

DEVELOPMENT AND ADMINISTRATION OF BORDER AREAS OF THE CZECH REPUBLIC AND POLAND: SUPPORT FOR SUSTAINABLE DEVELOPMENT

ISBN

978-80-248-4229-5

ISSN

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e-ISSN

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Počet stran výsledku

7

Strana od-do

151-157

Název nakladatele

Editorial Center VŠB-TU Ostrava

Místo vydání

Ostrava

Místo konání akce

Ostrava

Datum konání akce

11. 9. 2018

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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