Czech municipalities keep a substantial and growing volume of bank deposits. An analysis of determinants of unreserved deposits in 2021 suggests that municipalities are precautionary and accumulate fiscal reserves if they can and do so to stabilize their budget management. Signs of low activity...

The paper deals with the weakness of the Czech public finance - the lack of performance information. The budgeting in the Czech Republic still relies on the incremental method and omits using of performance indicators. On the contrary, most of the OECD member countries has adopted some type of...

This chapter explores the impact of fiscal rules on the indebtedness of municipalities in the Czech Republic and Slovakia from a comparative perspective. Our analysis focuses on the content of municipal fiscal rules, their impact on aggregate levels of local government debt in both countries and...

The aim of this paper is to analyze the spatial concentration of local government expenditure in the Czech Republic. Expenditure of the regions, municipalities, and voluntary municipal associations in 2003 and 2015 is analyzed using descriptive statistic, cartographic visualization, and...