OECD Economics Department Working Papers

Working papers from the Economics Department of the OECD that cover the full range of the Department’s work including the economic situation, policy analysis and projections; fiscal policy, public expenditure and taxation; and structural issues including ageing, growth and productivity, migration, environment, human capital, housing, trade and investment, labour markets, regulatory reform, competition, health, and other issues.

The views expressed in these papers are those of the author(s) and do not necessarily reflect those of the OECD or of the governments of its member countries.

English, French

Improving the Efficiency and Sustainability of Public Expenditure in the Czech Republic

This paper reviews the public expenditure system in the Czech Republic and the scope for its reform. In recent years much progress has been made in improving the transparency and management of government finances. Nevertheless, the budget and policy planning process retains a single-year and inputoriented focus. Moreover, with the recent introduction of a regional level of government and the expansion and proposed introduction of new extra-budgetary funds, the government’s capacity to manage the macroeconomy has been weakened. In this regard, establishing a multi-year budgetary process should be made a government-wide priority. Such a system would allow extra-budgetary funds to be re-integrated into the State Budget. Moreover, it would reduce the potential for expenditure creep and facilitate macroeconomic policy making, as would the establishment of mechanisms for co-ordinating sub-national spending programmes. Such a medium-term budgetary framework should evolve, over time, into a ...


Keywords: general government, multi-year budgeting, contingent liability, budgetary transparency, public expenditure, extra-budgetary funds, fiscal discipline
JEL: H5: Public Economics / National Government Expenditures and Related Policies; H6: Public Economics / National Budget, Deficit, and Debt; H0: Public Economics / General; H7: Public Economics / State and Local Government; Intergovernmental Relations; H4: Public Economics / Publicly Provided Goods; H1: Public Economics / Structure and Scope of Government
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