AUC IURIDICA
AUC IURIDICA

Acta Universitatis Carolinae Iuridica (AUC Iuridica) is a legal journal published since 1955, which presents longer essays as well as short articles on topics relevant for legal theory and international, European and Czech law. It also publishes works concerning current legislative problems.

Although intended primarily for domestic audience, AUC Iuridica is useful also for foreign experts, who can take advantage of summaries in foreign languages (English, German and French) and key words, which are systematically added to the main articles and essays.

The published articles are subject to peer reviews. If necessary, reviewed texts are sent back to the author for revision.

AUC Iuridica accepts contributions from any contributor on any current legal topic.

The journal is registered in the Czech National Bibliography (kept by the National Library of the Czech Republic) and in the Index to Foreign Legal Periodicals (kept by the American Association of Law Libraries).

The journal is archived in Portico.

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We are pleased to inform you that the journal Acta Universitatis Carolinae Iuridica was the first journal of the Faculty of Law of Charles University to be included in the prestigious international database SCOPUS. This Elsevier database is the largest abstract and citation database of peer-reviewed literature in the world. The editors of the journal expect from the inclusion in the elite SCOPUS database not only an increase in the readership of the journal, but also an increase in interest in the publication of papers by both Czech and foreign authors.

AUC IURIDICA, Vol 56 No 4 (2010), 59–69

Zásady vyrovnanosti veřejných rozpočtů v České republice v první dekádě 21. století

[Principle of Balance of Public Budgets in the Czech Republic in the First Decade of the 21st Century]

Radim Boháč

published online: 04. 02. 2015

abstract

Principle of Balance of Public Budgets in the Czech Republic in the First Decade of the 21st Century I assume that the principle of balance of public budgets should be embedded in the legal regulations of the Czech Republic in a better way. The Budgetary Rules Act does not mention this principle at all; the Budgetary Rules of Local Budgets Act only recommend it. In this relation, it would be more suitable to embed the principle of balance of public budgets right in the Constitution of the Czech Republic. In such case, the aforementioned situation concerning the state budget should not happen, because it could have been determined as unconstitutional. The legislator would have to abide by the constitutional rule that every public budget shall be balanced in a long-term view during the adoption of the state budget act. As a result of the financial crisis, the state debt of the Czech Republic will deepen further and also the deficits of state budgets will be higher. In the current time of economic recession, the budgets may be structured and adopted as deficient, but in times of economic growth, they should have a surplus again. Unfortunately, in the Czech Republic in the period of economic growth, deficient state budgets have been adopted which is the biggest problem I see. The deficits of state budgets in 2009–2012 will then be so high that the Czech Republic will not be able to fulfill the Maastricht convergence criterion of a maximum of 3% proportion between the planned or real deficit of public finance and the gross domestic product in market prices. It is positive, that the government intends to reform public finances with the aim to stop the growing public debt and set the parameters of budgetary policy to reach (assuming economic growth) the balance of public budgets in 2016. The government supposes to adopt the Constitutional Act on Budgetary Discipline and Responsibility and to create the National Budgetary Board, but not to anchor the principle of long-term balance of public budgets in the constitutional order.

keywords: balance; public budgets; state budget; principles; budget management; revenues; expeditures; proposal; Budgetary Rules Act; legal regulation

Creative Commons License
Zásady vyrovnanosti veřejných rozpočtů v České republice v první dekádě 21. století is licensed under a Creative Commons Attribution 4.0 International License.

230 x 157 mm
periodicity: 4 x per year
print price: 65 czk
ISSN: 0323-0619
E-ISSN: 2336-6478

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