Extra budgetary state funds in system of public finance
Authors | |
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Year of publication | 2012 |
Type | Article in Proceedings |
Conference | Dny práva 2012 / Days of Law 2012 |
MU Faculty or unit | |
Citation | |
Field | Law sciences |
Keywords | extra budgetary funds; public finance; system; role in the financial system |
Description | In the last decades of the 20th century began to change the role of the state budget in terms of a certain weakening of both - horizontal and vertical. In particular, the process of decentralization to regional and local finance. In horizontal levels, this phenomenon is manifested in particular by creating off-budget funds and government agencies both at the state and even local budgets. Thus evolved a form of extra-budgetary financing, ie the creation of a specific segment of the public finances with close links between income and expenditure |
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