<abstract xmlns="http://www.w3.org/1999/xhtml"><p>This article deals with the analysis of the impact of fiscal rules on financial management within the higher self-governing units of the Slovak Republic. For this analysis, unique data from 2002 – 2016 has been used. The quantitative analysis is complemented by a questionnaire survey and a structured interview of respondents who are responsible for controlling the financial management of higher territorial units. This analysis has shown the positive effect of fiscal rules on regional economics, but also revealed shortcomings that prevent the full use of fiscal rules in Slovakia. Th is is primarily due to incomplete and formal implementation, the interests of local elites, and a lack of coordination of activities with the central government.</p></abstract>

This article deals with the analysis of the impact of fiscal rules on financial management within the higher self-governing units of the Slovak Republic. For this analysis, unique data from 2002 – 2016 has been used. The quantitative analysis is complemented by a questionnaire survey and a structured interview of respondents who are responsible for controlling the financial management of higher territorial units. This analysis has shown the positive effect of fiscal rules on regional economics, but also revealed shortcomings that prevent the full use of fiscal rules in Slovakia. Th is is primarily due to incomplete and formal implementation, the interests of local elites, and a lack of coordination of activities with the central government.

The Impact of Fiscal Rules on the Financial Management of Higher Self-Governing Units in the Slovak Republic

Vysoká škola regionálního rozvoje a Bankovní institut – AMBIS

NISPAcee Journal of Public Administration and Policy

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

This article deals with the analysis of the impact of fiscal rules on financial management within the higher self-governing units of the Slovak Republic. For...

The Impact of Fiscal Rules on the Financial Management of Higher Self-Governing Units in the Slovak Republic

Publié en ligne: 18 juin 2019

Pages: 135 - 159

DOI: https://doi.org/10.2478/nispa-2019-0006

© 2019 Vladimír Šagát et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.