The Covid-19 pandemic and local government finance: Czechia and Slovakia

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NEMEC Juraj ŠPAČEK David

Rok publikování 2020
Druh Článek v odborném periodiku
Časopis / Zdroj Journal of Public Budgeting, Accounting & Financial Management
Fakulta / Pracoviště MU

Ekonomicko-správní fakulta

Citace
www Web vydavatele s článkem.
Doi http://dx.doi.org/10.1108/JPBAFM-07-2020-0109
Klíčová slova Slovakia; Czechia; COVID-19; Local budgets
Přiložené soubory
Popis The current Covid-19 crisis research focuses especially on epidemiologic and macro-level socioeconomic aspects. It only marginally covers impacts on local budgets. Our intention is to enrich the existing limited debate on this dimension. Available information on Czechia and Slovakia indicates that the level of municipal fiscal imbalance as the result of the Covid-19 crisis is not proportional to the situation on the central level, and municipal financial resources are not commensurate with their responsibilities as outlined by the constitution and the law. Because the reaction of the central government in both countries to this situation has been inadequate, municipalities will face problems with service delivery in some areas, especially in culture and sport.
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