New Rules of Budgetary Responsibility and their Impact on Public Finances

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F17%3A10237425" target="_blank" >RIV/61989100:27510/17:10237425 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.law.muni.cz/sborniky/lawandeconomics/lawandeconomics2017.pdf" target="_blank" >https://www.law.muni.cz/sborniky/lawandeconomics/lawandeconomics2017.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

New Rules of Budgetary Responsibility and their Impact on Public Finances

Popis výsledku v původním jazyce

In consequence of economic crisis, countries tried to react to unfavourable economic development in some ways. Because of this situation, mainly the rules of budgetary responsibility and adoption of so-called budgetary rules became a hot topic. At present time, this topic stands aside mainly in the Czech Republic where public finances are being economised with surplus after long period of time. However, an obligation to adopt those rules still exists because it results from not only regulations of the European Union but from international agreements as well. The act on budgetary responsibility rules was approved in the beginning of this year being at that time out of interest of both professionals and laymen, although, it provoked many responses at the time of being submitted to the Chamber of Deputies. This act follows the regulations of the European Union and adjusts the rules of budgetary responsibility for public institutions. This article deals with those rules, discusses the obligations implemented by those rules as it comes to public institutions; it determines the term public institutions and critically evaluates particular rules. The main aim of this article is to have a think about in what ways those new rules can influence public finances and economic activities of public institutions. During the elaboration, the methods of analysis, synthesis, deduction, induction and statistical method have been applied.

Název v anglickém jazyce

New Rules of Budgetary Responsibility and their Impact on Public Finances

Popis výsledku anglicky

In consequence of economic crisis, countries tried to react to unfavourable economic development in some ways. Because of this situation, mainly the rules of budgetary responsibility and adoption of so-called budgetary rules became a hot topic. At present time, this topic stands aside mainly in the Czech Republic where public finances are being economised with surplus after long period of time. However, an obligation to adopt those rules still exists because it results from not only regulations of the European Union but from international agreements as well. The act on budgetary responsibility rules was approved in the beginning of this year being at that time out of interest of both professionals and laymen, although, it provoked many responses at the time of being submitted to the Chamber of Deputies. This act follows the regulations of the European Union and adjusts the rules of budgetary responsibility for public institutions. This article deals with those rules, discusses the obligations implemented by those rules as it comes to public institutions; it determines the term public institutions and critically evaluates particular rules. The main aim of this article is to have a think about in what ways those new rules can influence public finances and economic activities of public institutions. During the elaboration, the methods of analysis, synthesis, deduction, induction and statistical method have been applied.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50501 - Law

Projekt

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Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2017

Kód důvěrnosti údajů

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

Název statě ve sborníku

Interaction of law and economics 2017: conference proceedings : October 19-20, 2017, Rožnov pod Radhoštěm, Czech Republic

ISBN

978-80-210-8840-5

ISSN

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e-ISSN

neuvedeno

Počet stran výsledku

13

Strana od-do

125-137

Název nakladatele

Masaryk University

Místo vydání

Brno

Místo konání akce

Rožnov pod Radhoštěm

Datum konání akce

19. 10. 2017

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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