European Parliament Library

Czech Republic :, Selected Issues in Fiscal Policy Reform

This Selected Issues paper examines two key questions on fiscal policy reform in the Czech Republic. First, how can the fiscal institutional framework be strengthened to maintain discipline and enhance transparency? Second, what are the priorities in expenditure reform that can be implemented without sacrificing the quality of spending? The paper discusses the recent Czech experience with the medium-term expenditure framework and some proposals for strengthening it. It also discusses cross-country analyses of spending efficiency and flexibility, and proposes areas for fiscal adjustment that reduce inefficiencies
Table Of Contents
Cover; Contents; I. Introduction and Overview; II. Strengthening the Fiscal Framework; A. Introduction; B. Fiscal Trends and Key Challenges; Charts; 1. Primary Balance, 2000-05; 2. CEEC: Government Consolidated Gross Debt, 2000-05; 3. Fiscal Indicators, 2001-07; 4. Fiscal Stance, 1996-2006; 5. Sensitivity of Structural Budget Balance to Output Gap; 6. Decomposition of the Change in Primary Balance, 1996-2006; Tables; 1. Structural Balance and Discretionary Fiscal Policy; C. The Fiscal Framework and Emerging Pressures; 7. Medium-Term General Government, 2005-09
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (67 p.)
Specific Material Designation
Form Of Item

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