Public Expenditure in the Slovak Republic : Composition and Technical Efficiency.
Title:
Public Expenditure in the Slovak Republic : Composition and Technical Efficiency.
Author:
Grigoli, Francesco.
ISBN:
9781475539233
Personal Author:
Physical Description:
1 online resource (35 pages)
Series:
IMF Working Papers
Contents:
Cover -- Contents -- Abstract -- I. Introduction -- II. Literature Review: An EU-OECD Perspective -- III. Features of the Slovak Republic's Public Expenditure -- A. Public Expenditure Composition -- B. Spending Agencies -- IV. Technical Efficiency -- A. Education -- B. Health -- V. Concluding Remarks -- Tables -- 1. Uncommitted Expenditures -- 2. Public Expenditure by Agency, 2009 -- 3. Selected Indicators of the Education System -- 4. Selected Indicators of the Health System -- Figures -- 1. Government Size across EU-OECD Countries -- 2. Slovak Government Size -- 3. Public Spending During the Crisis -- 4. Expenditure Composition, 2009 -- 5. Expenditure Composition in Real Terms -- 6. Expenditure Categories -- 7. Education Expenditure across EU-OECD countries -- 8. Education Expenditure -- 9. Efficiency of Education Expenditure -- 10. Health Expenditure across EU-OECD countries -- 11. Health Expenditure -- 12. Efficiency of Health Expenditure-Life Expectancy -- 13. Efficiency of Health Expenditure-Infant Mortality -- Appendices -- 1. The DEA Approach -- Appendix Figures -- 1. DEA Production Possibility Frontier -- References.
Abstract:
Good practice suggests that budget allocations should reflect spending priorities and that spending should provide cost-effective delivery of public goods and services. This paper analyzes the composition of public expenditure in the Slovak Republic. It also assesses the relative efficiency of spending in education and health. The Slovak Republic spends more on social benefits and less on wages compared to the EU and OECD average. While it manages to translate the low expenditures into outcomes in an efficient manner in the education sector, this is not true for health. Moreover, the recent increases in expenditure levels have not improved outcomes, suggesting that significant budgetary savings could be achieved through increases in efficiency.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
Genre:
Electronic Access:
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