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Public Insolvency Impacts of Czech Economics
Balla, Luděk ; Votava, Libor (advisor)
This work first defines and describes the term "public debt" itself. Further the work focuses on the reasons of its emergence, the sources of financing the state budget deficit and theoretical possibilities of its elimination. The practical part of the work discusses the development of the public debt of the Czech Republic and the different views of the right and left wing political parties on it. The next part of the work explores the problems connected with the contemporary restrictive policy and the attitudes of the public to the policy which is trying to stop further raising of the public debt.

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