Economic crisis: a hard blow or a challenge for nonprofits?



Year of publication 2013
Type Article in Proceedings
Conference Proceedings of the 17th International Conference. Current Trends in Public Sector Research
MU Faculty or unit

Faculty of Economics and Administration

Field Economy
Keywords economic crisis; impact; nonprofit sector; Czech Republic
Description To analyse the impact of the economic crisis on the Czech nonprofit sector is a complex task, for which there are not sufficient data available to date. In this paper we limit ourselves to a probe into the level of giving as an important indicator of the support for Czech NPOs. We use several indicators to estimate the impact of the current economic crisis on the funding for NPOs from individuals, businesses and the state. While the support from individuals and from businesses has been largely unaffected by the crisis, or has only been affected very briefly, the funding from the state has decreased, even though not very dramatically. By way of conclusion, we suggest that the crisis can not only be a threat but also an opportunity for NPOs if they want to emancipate themselves from too much dependence on the state.
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