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The Fiscal Decentralization in Czech Republic in International comparison.
VOMÁČKOVÁ, Šárka
This thesis explores the development of fiscal decentralisation in the countries of Europe, especially in the Czech Republic in comparison with other countries. Fiscal decentralisation is a part of fiscal federalism and decision-making on public finances. These finances are spent for public goods, used by people. The fiscal decentralisation is commonly associated with the assignment of authority to lower levels of government and this is necessary due to different needs of economic subjects in different regions of the country. These lower levels of government knows, how to use conferred public finances in their region (jurisdiction) wisely. The fiscal decentralisation specifies, how much in detail the government can affect the structure and quality of public goods in each region of the country. The important results are achieved by means of the formula of Sub-national revenues (% of total revenues) and Sub-national expenditures (% of total expenditures).

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