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National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
Principle of public budgets balance legislation
 Bláha, Jiří ; Boháč, Radim (advisor) ; Marková, Hana (referee)
PRINCIPLE OF PUBLIC BUDGETS BALANCE LEGISLATION The question of public budgets balance belongs nowadays to the most discussed topics, both on the internal and international fields. Today it is quite evident that constant indebtedness of states affects not only their competetive ability and exercise but also global economic balance. The states with high share of debt in gross domestic products, which often arose in propitious years of economics, acertain that ovecoming of recession in this situation is much more difficult and painful - it is not possible to use surpluses of economic activities from propitious years, other indebtedness comes about and in this way the unfavourable economic situation intensifies. Therefore on the level of individual states and international organizations various measures are accepted, their aim is economic stimulation and resumption of economic growth. In a given case public budgets, especially budgets of individual states, and redistribution of resources accumulated in these budgets become very important. However resources of public budgets are not unlimited and it is necessary to draw a lesson from effects or even better to prevent from repeating previous mistakes again and the principle of public budgets balance comes to the fore. In connection with the question of public...
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