Czech Republic : Intergovernmental Fiscal Relations in the Transition
The study presents an overview of the most relevant, current intergovernmental fiscal issues in the Czech Republic, centered on the options available to prod policy planning. The fragmentation at the lowest tier of government is the most striking f...
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| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2001/05/1570692/czech-republic-intergovernmental-fiscal-relations-transition http://hdl.handle.net/10986/15487 |
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okr-10986-15487 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTABILITY ACCOUNTING ADMINISTRATION REFORM ADMINISTRATIVE CAPACITY ADMINISTRATIVE REFORM ADMINISTRATIVE REFORMS ALLOCATION OF RESOURCES AUTHORITY BALANCED BUDGETS BANKING SYSTEM BANKRUPTCY BANKS BORROWING BUDGET EXECUTION BUDGET FORMULATION BUDGET PROCESS BUREAUCRACY CAPITAL EXPENDITURES CAPITAL MARKETS CENTRAL GOVERNMENT CONSTITUENCIES CONSTITUTION CORPORATE INCOME TAX COUNTRY'S AUTHORITIES CREDIT MARKETS CREDITWORTHINESS DEBT SERVICE DECENTRALIZATION DECENTRALIZATION OBJECTIVES DECENTRALIZATION PROCESS DECENTRALIZATION REFORM DECISION- MAKING DECISION- MAKING PROCESS DECISION-MAKING DECISION-MAKING POWER DECREE DEGREE OF AUTONOMY DISTRICTS ELECTED REPRESENTATIVES ENTERPRISE RESTRUCTURING EXECUTION EXPENDITURE EXPENDITURE ASSIGNMENTS EXPENDITURE RESPONSIBILITIES FINANCIAL CAPACITIES FINANCIAL CRISES FINANCIAL SECTOR FINANCIAL SYSTEM FISCAL FISCAL BALANCE FISCAL DECENTRALIZATION FISCAL DEFICITS FISCAL DISCIPLINE FISCAL EQUALIZATION FISCAL REFORM FISCAL YEAR GOVERNMENT CONTROLS GOVERNMENT DEBT GOVERNMENT ENTITIES GOVERNMENT EXPENDITURES GOVERNMENT LEVEL GOVERNMENT REVENUE GOVERNMENT REVENUES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT HEALTH SERVICES HOUSING INSTITUTIONAL DEVELOPMENT INSTITUTIONAL FRAMEWORK INTERGOVERNMENTAL FISCAL RELATIONS INTERGOVERNMENTAL SYSTEM INTERNATIONAL FINANCIAL MARKETS LABOR MOBILITY LAWS LEVELS OF GOVERNMENT LOCAL AUTHORITIES LOCAL AUTONOMY LOCAL GOVERNMENT LOCAL GOVERNMENT EXPENDITURES LOCAL GOVERNMENT REVENUE LOCAL GOVERNMENT REVENUES LOCAL GOVERNMENT SPENDING LOCAL GOVERNMENTS LOCAL REVENUE LOCAL REVENUE SOURCES LOCAL TAX LOCAL TAXES MARKET DISCIPLINE MARKET VALUE MINISTRY OF FINANCE MUNICIPAL BONDS MUNICIPAL DEBT MUNICIPAL GOVERNMENTS MUNICIPALITIES NATIONAL TAXES PRIVATE SECTOR PRIVATIZATION PRIVATIZATION PROCEEDS PROPERTY TAXES PROVISIONS PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCE SYSTEM PUBLIC FINANCES PUBLIC OFFICIALS PUBLIC SECTOR PUBLIC SECTOR EFFICIENCY PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC UTILITIES REHABILITATION RESOURCE ALLOCATION REVENUE ASSIGNMENT REVENUE SHARING REVENUE SOURCES STATE ADMINISTRATION STATE BUDGET STATE FUNDS STATE SUBSIDIES SUBNATIONAL GOVERNMENT SUBNATIONAL GOVERNMENTS SURCHARGES TAX ADMINISTRATION TAX ASSIGNMENT TAX BURDEN TAX CAPACITY TAX EFFORTS TAX RATES TAX REFORM TAX REVENUE TAX REVENUES TAX SHARING TOTAL EXPENDITURES TRANSPARENCY TRANSPORT TREASURY UNFUNDED MANDATES TRANSITION ECONOMIES FISCAL ADJUSTMENTS ADMINISTRATIVE CAPABILITY REFORM POLICY PUBLIC EXPENDITURES REGIONAL DISPARITY LOCAL GOVERNMENT BUDGETS PUBLIC SPENDING REVENUE SOURCES FISCAL CONSTRAINTS PUBLIC DEBT POLICY PLANNING COMPETITIVENESS FINANCIAL MECHANISMS |
| spellingShingle |
ACCOUNTABILITY ACCOUNTING ADMINISTRATION REFORM ADMINISTRATIVE CAPACITY ADMINISTRATIVE REFORM ADMINISTRATIVE REFORMS ALLOCATION OF RESOURCES AUTHORITY BALANCED BUDGETS BANKING SYSTEM BANKRUPTCY BANKS BORROWING BUDGET EXECUTION BUDGET FORMULATION BUDGET PROCESS BUREAUCRACY CAPITAL EXPENDITURES CAPITAL MARKETS CENTRAL GOVERNMENT CONSTITUENCIES CONSTITUTION CORPORATE INCOME TAX COUNTRY'S AUTHORITIES CREDIT MARKETS CREDITWORTHINESS DEBT SERVICE DECENTRALIZATION DECENTRALIZATION OBJECTIVES DECENTRALIZATION PROCESS DECENTRALIZATION REFORM DECISION- MAKING DECISION- MAKING PROCESS DECISION-MAKING DECISION-MAKING POWER DECREE DEGREE OF AUTONOMY DISTRICTS ELECTED REPRESENTATIVES ENTERPRISE RESTRUCTURING EXECUTION EXPENDITURE EXPENDITURE ASSIGNMENTS EXPENDITURE RESPONSIBILITIES FINANCIAL CAPACITIES FINANCIAL CRISES FINANCIAL SECTOR FINANCIAL SYSTEM FISCAL FISCAL BALANCE FISCAL DECENTRALIZATION FISCAL DEFICITS FISCAL DISCIPLINE FISCAL EQUALIZATION FISCAL REFORM FISCAL YEAR GOVERNMENT CONTROLS GOVERNMENT DEBT GOVERNMENT ENTITIES GOVERNMENT EXPENDITURES GOVERNMENT LEVEL GOVERNMENT REVENUE GOVERNMENT REVENUES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT HEALTH SERVICES HOUSING INSTITUTIONAL DEVELOPMENT INSTITUTIONAL FRAMEWORK INTERGOVERNMENTAL FISCAL RELATIONS INTERGOVERNMENTAL SYSTEM INTERNATIONAL FINANCIAL MARKETS LABOR MOBILITY LAWS LEVELS OF GOVERNMENT LOCAL AUTHORITIES LOCAL AUTONOMY LOCAL GOVERNMENT LOCAL GOVERNMENT EXPENDITURES LOCAL GOVERNMENT REVENUE LOCAL GOVERNMENT REVENUES LOCAL GOVERNMENT SPENDING LOCAL GOVERNMENTS LOCAL REVENUE LOCAL REVENUE SOURCES LOCAL TAX LOCAL TAXES MARKET DISCIPLINE MARKET VALUE MINISTRY OF FINANCE MUNICIPAL BONDS MUNICIPAL DEBT MUNICIPAL GOVERNMENTS MUNICIPALITIES NATIONAL TAXES PRIVATE SECTOR PRIVATIZATION PRIVATIZATION PROCEEDS PROPERTY TAXES PROVISIONS PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCE SYSTEM PUBLIC FINANCES PUBLIC OFFICIALS PUBLIC SECTOR PUBLIC SECTOR EFFICIENCY PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC UTILITIES REHABILITATION RESOURCE ALLOCATION REVENUE ASSIGNMENT REVENUE SHARING REVENUE SOURCES STATE ADMINISTRATION STATE BUDGET STATE FUNDS STATE SUBSIDIES SUBNATIONAL GOVERNMENT SUBNATIONAL GOVERNMENTS SURCHARGES TAX ADMINISTRATION TAX ASSIGNMENT TAX BURDEN TAX CAPACITY TAX EFFORTS TAX RATES TAX REFORM TAX REVENUE TAX REVENUES TAX SHARING TOTAL EXPENDITURES TRANSPARENCY TRANSPORT TREASURY UNFUNDED MANDATES TRANSITION ECONOMIES FISCAL ADJUSTMENTS ADMINISTRATIVE CAPABILITY REFORM POLICY PUBLIC EXPENDITURES REGIONAL DISPARITY LOCAL GOVERNMENT BUDGETS PUBLIC SPENDING REVENUE SOURCES FISCAL CONSTRAINTS PUBLIC DEBT POLICY PLANNING COMPETITIVENESS FINANCIAL MECHANISMS World Bank Czech Republic : Intergovernmental Fiscal Relations in the Transition |
| geographic_facet |
Europe and Central Asia Czech Republic |
| description |
The study presents an overview of the
most relevant, current intergovernmental fiscal issues in
the Czech Republic, centered on the options available to
prod policy planning. The fragmentation at the lowest tier
of government is the most striking feature of the
administrative structure, thus suggesting a strategic
direction for further administrative reforms to sustain
fiscal decentralization, by empowering territorial
self-governing units, through meaningful autonomy, through
the establishment of a multilevel government coordinating
body, for the definition of autonomous functions on
expenditures, and revenues, and, by creating financial, and
legal incentives, to facilitate an asymmetric assignment of
revenue, and expenditure. Specific policy actions to clarify
responsibilities of the strategic direction for expenditure
assignments should include institutional inter-governmental
cooperation, and dialogue, through a broad based commission
to recommend regional expenditures, and, the Budget Rules
Law should be amended to preempt unfounded mandates to local
governments. Revenue autonomy should be boosted by
increasing predictability of local budgets, through
structural policy parameters, restoring tax-effort
incentives, and, reviewing the adopted adjustment
coefficient for tax-sharing distribution; while a
rationalized transfer system, should focus on decreasing the
number of specific subsidies, prioritizing programs to
stabilize transfers within a medium-term expenditure
framework, including the evaluation of a separate Fiscal
Equalization Fund to reduce regional fiscal disparities.
Institutional framework, and prudential rules would ensure
fiscally responsible borrowing, and encourage a competitive
financial market. |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Czech Republic : Intergovernmental Fiscal Relations in the Transition |
| title_short |
Czech Republic : Intergovernmental Fiscal Relations in the Transition |
| title_full |
Czech Republic : Intergovernmental Fiscal Relations in the Transition |
| title_fullStr |
Czech Republic : Intergovernmental Fiscal Relations in the Transition |
| title_full_unstemmed |
Czech Republic : Intergovernmental Fiscal Relations in the Transition |
| title_sort |
czech republic : intergovernmental fiscal relations in the transition |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2001/05/1570692/czech-republic-intergovernmental-fiscal-relations-transition http://hdl.handle.net/10986/15487 |
| _version_ |
1764426802362580992 |
| spelling |
okr-10986-154872021-04-23T14:03:14Z Czech Republic : Intergovernmental Fiscal Relations in the Transition World Bank ACCOUNTABILITY ACCOUNTING ADMINISTRATION REFORM ADMINISTRATIVE CAPACITY ADMINISTRATIVE REFORM ADMINISTRATIVE REFORMS ALLOCATION OF RESOURCES AUTHORITY BALANCED BUDGETS BANKING SYSTEM BANKRUPTCY BANKS BORROWING BUDGET EXECUTION BUDGET FORMULATION BUDGET PROCESS BUREAUCRACY CAPITAL EXPENDITURES CAPITAL MARKETS CENTRAL GOVERNMENT CONSTITUENCIES CONSTITUTION CORPORATE INCOME TAX COUNTRY'S AUTHORITIES CREDIT MARKETS CREDITWORTHINESS DEBT SERVICE DECENTRALIZATION DECENTRALIZATION OBJECTIVES DECENTRALIZATION PROCESS DECENTRALIZATION REFORM DECISION- MAKING DECISION- MAKING PROCESS DECISION-MAKING DECISION-MAKING POWER DECREE DEGREE OF AUTONOMY DISTRICTS ELECTED REPRESENTATIVES ENTERPRISE RESTRUCTURING EXECUTION EXPENDITURE EXPENDITURE ASSIGNMENTS EXPENDITURE RESPONSIBILITIES FINANCIAL CAPACITIES FINANCIAL CRISES FINANCIAL SECTOR FINANCIAL SYSTEM FISCAL FISCAL BALANCE FISCAL DECENTRALIZATION FISCAL DEFICITS FISCAL DISCIPLINE FISCAL EQUALIZATION FISCAL REFORM FISCAL YEAR GOVERNMENT CONTROLS GOVERNMENT DEBT GOVERNMENT ENTITIES GOVERNMENT EXPENDITURES GOVERNMENT LEVEL GOVERNMENT REVENUE GOVERNMENT REVENUES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT HEALTH SERVICES HOUSING INSTITUTIONAL DEVELOPMENT INSTITUTIONAL FRAMEWORK INTERGOVERNMENTAL FISCAL RELATIONS INTERGOVERNMENTAL SYSTEM INTERNATIONAL FINANCIAL MARKETS LABOR MOBILITY LAWS LEVELS OF GOVERNMENT LOCAL AUTHORITIES LOCAL AUTONOMY LOCAL GOVERNMENT LOCAL GOVERNMENT EXPENDITURES LOCAL GOVERNMENT REVENUE LOCAL GOVERNMENT REVENUES LOCAL GOVERNMENT SPENDING LOCAL GOVERNMENTS LOCAL REVENUE LOCAL REVENUE SOURCES LOCAL TAX LOCAL TAXES MARKET DISCIPLINE MARKET VALUE MINISTRY OF FINANCE MUNICIPAL BONDS MUNICIPAL DEBT MUNICIPAL GOVERNMENTS MUNICIPALITIES NATIONAL TAXES PRIVATE SECTOR PRIVATIZATION PRIVATIZATION PROCEEDS PROPERTY TAXES PROVISIONS PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCE SYSTEM PUBLIC FINANCES PUBLIC OFFICIALS PUBLIC SECTOR PUBLIC SECTOR EFFICIENCY PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC UTILITIES REHABILITATION RESOURCE ALLOCATION REVENUE ASSIGNMENT REVENUE SHARING REVENUE SOURCES STATE ADMINISTRATION STATE BUDGET STATE FUNDS STATE SUBSIDIES SUBNATIONAL GOVERNMENT SUBNATIONAL GOVERNMENTS SURCHARGES TAX ADMINISTRATION TAX ASSIGNMENT TAX BURDEN TAX CAPACITY TAX EFFORTS TAX RATES TAX REFORM TAX REVENUE TAX REVENUES TAX SHARING TOTAL EXPENDITURES TRANSPARENCY TRANSPORT TREASURY UNFUNDED MANDATES TRANSITION ECONOMIES FISCAL ADJUSTMENTS ADMINISTRATIVE CAPABILITY REFORM POLICY PUBLIC EXPENDITURES REGIONAL DISPARITY LOCAL GOVERNMENT BUDGETS PUBLIC SPENDING REVENUE SOURCES FISCAL CONSTRAINTS PUBLIC DEBT POLICY PLANNING COMPETITIVENESS FINANCIAL MECHANISMS The study presents an overview of the most relevant, current intergovernmental fiscal issues in the Czech Republic, centered on the options available to prod policy planning. The fragmentation at the lowest tier of government is the most striking feature of the administrative structure, thus suggesting a strategic direction for further administrative reforms to sustain fiscal decentralization, by empowering territorial self-governing units, through meaningful autonomy, through the establishment of a multilevel government coordinating body, for the definition of autonomous functions on expenditures, and revenues, and, by creating financial, and legal incentives, to facilitate an asymmetric assignment of revenue, and expenditure. Specific policy actions to clarify responsibilities of the strategic direction for expenditure assignments should include institutional inter-governmental cooperation, and dialogue, through a broad based commission to recommend regional expenditures, and, the Budget Rules Law should be amended to preempt unfounded mandates to local governments. Revenue autonomy should be boosted by increasing predictability of local budgets, through structural policy parameters, restoring tax-effort incentives, and, reviewing the adopted adjustment coefficient for tax-sharing distribution; while a rationalized transfer system, should focus on decreasing the number of specific subsidies, prioritizing programs to stabilize transfers within a medium-term expenditure framework, including the evaluation of a separate Fiscal Equalization Fund to reduce regional fiscal disparities. Institutional framework, and prudential rules would ensure fiscally responsible borrowing, and encourage a competitive financial market. 2013-08-29T14:20:17Z 2013-08-29T14:20:17Z 2001-05 http://documents.worldbank.org/curated/en/2001/05/1570692/czech-republic-intergovernmental-fiscal-relations-transition http://hdl.handle.net/10986/15487 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Europe and Central Asia Czech Republic |