About: Public Finance Crisis: How to React?

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	Our chapter first explains the character of the current crisis. Than we focus on its current phase that might be named “public finance crisis”, including some model predictions. The core part indicates that between many existing solutions the states shall focus on improving efficiency and effectiveness of public expenditures. Too many “black holes” still persist in all areas of public financing, “fixing” at least some of them may significantly help to balance fiscal results of market economies. Our chapter argues that the best way to balance revenues and expenditures are efficiency improvements. According to our estimates up to 5% (or may be even more with more pessimistic approach) of GDP is wasted because of allocative and technical inefficiencies in our public sectors. Possible solutions are very well described by the standard literature; the core problem will be implementation capacity of respective governments. Our chapter first explains the character of the current crisis. Than we focus on its current phase that might be named “public finance crisis”, including some model predictions. The core part indicates that between many existing solutions the states shall focus on improving efficiency and effectiveness of public expenditures. Too many “black holes” still persist in all areas of public financing, “fixing” at least some of them may significantly help to balance fiscal results of market economies. Our chapter argues that the best way to balance revenues and expenditures are efficiency improvements. According to our estimates up to 5% (or may be even more with more pessimistic approach) of GDP is wasted because of allocative and technical inefficiencies in our public sectors. Possible solutions are very well described by the standard literature; the core problem will be implementation capacity of respective governments. (en)
Title	Public Finance Crisis: How to React? Public Finance Crisis: How to React? (en)
skos:prefLabel	Public Finance Crisis: How to React? Public Finance Crisis: How to React? (en)
skos:notation	RIV/61858307:_____/12:#0000053!RIV13-GA0-61858307
http://linked.open...avai/predkladatel	Bankovní institut vysoká škola, a.s.
http://linked.open...avai/riv/aktivita	P
http://linked.open...avai/riv/aktivity	P(GAP403/10/1892)
http://linked.open...vai/riv/dodaniDat	2013
http://linked.open...aciTvurceVysledku	Nemec, Juraj Orviská, Marta
http://linked.open.../riv/druhVysledku	C - Kapitola v knize
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Bankovní institut vysoká škola, a.s.
http://linked.open...dnocenehoVysledku	163568
http://linked.open...ai/riv/idVysledku	RIV/61858307:_____/12:#0000053
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	public finance, crisis, efficiency, public expenditures (en)
http://linked.open.../riv/klicoveSlovo	public expenditures crisis efficiency public finance
http://linked.open...ontrolniKodProRIV	[E92A092E26B4]
http://linked.open...i/riv/mistoVydani	Praha
http://linked.open...i/riv/nazevZdroje	Analysis of the Impact the Economic Crisis on Public Finances
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	2 (xsd:int)
http://linked.open...v/pocetStranKnihy	316 (xsd:int)
http://linked.open...cetTvurcuVysledku	3 (xsd:int)
http://linked.open...vavai/riv/projekt	Outsourcing optimalization in public sector
http://linked.open...UplatneniVysledku	2012
http://linked.open...iv/tvurceVysledku	Nemec, Juraj Orviská, Marta Huňady, J.
number of pages	30 (xsd:int)
http://purl.org/ne...btex#hasPublisher	Wolters Kluwer
https://schema.org/isbn	978-80-7357-763-6

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