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Government debt and debt service of Czech Republic in the period 2000-2015
Krpata, Jan ; Pikhart, Zdeněk (advisor) ; Chmelová, Pavla (referee)
The bachelor thesis analyzes the setting of fiscal policy, the development of government debt and debt service in the Czech Republic in the period 2000-2015. The theoretical part is focused on explaining the main technical terms in the field of government finance. The main part is devoted to theoretical optimal fiscal policy and the possible methods of evaluation. The practical part of the thesis is focused on the development of the Czech government debt with the aim to analyze the setting of fiscal policy in the examined period. The quality of governmental institutions predictions, which serve as a basis for budget planning, is also assessed. The last part analyzes the development of debt service and provides a two-year prediction of fiscal policy and debt service. The results show that the government implements mainly procyclical fiscal policy which deepens the business cycles.

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