Publication details

Limitace veřejného zadlužování v zemích Visegrádské čtyřky

Title in English Limitation of Public Debt in V4 Countries
Authors

KOZIEŁ Michal

Year of publication 2014
Type Article in Periodical
Magazine / Source Jurisprudence
Citation
Field Law sciences
Keywords public debt; public finances; constitutional rules; Visegrad Group countries; fiscal compact;
Description Limitation of public debt through constitutional and legal rules is one of the ways how to deal with adverse development of public finances condition. The article shows how particular states from the Visegrad Group countries, which are very close to each other in number of aspects, have managed the necessity of public debt limitations through legal regulations. Particular legal regulations were analysed, through which are above mentioned rules implemented in this article. By comparison conclusions and recommendations are deducted for the Czech Republic, which is the last one from the Visegrad group in implementing such rules. Furthermore, the article deals with rules for restrictions of public debt on the European Union level, without which a performed analysis would be non-complex. The aim of this article is to identify differences in legislation of public debt limitation in examined countries and evaluation of their contribution.

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