Kovács Árpád: An outline of the determinations of the past two decades of Hungarian public finance. In: Studies in international economics and finance. pp. 105-124. (2011)
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Abstract
From the beginning of the social-economic changes that took place in 1989 public finance functioned in the next twenty years organized into two – central and local – levels. From financing aspects it was organized into four subsystems; central budget, social security funds, separated state funds and local governments. Although the number, the organizational position, the relationship order of the public finance system have undergone continuous changes – contractions and „re-contractions” – public finance itself, regarding its role in the public law and its tasks, its so-called chapter-structure, functioning model and thus in the forms of its financing has changed very little until 2010, the coming to power of the new government. In the course of the past twenty years public finance provided its tasks within the existing structure managed to provide public services, development however its financial management was wasteful and under-financed at the same time. As a consequence, its functioning has been more and more expensive, less efficient and of low quality. As a result of a governance that lacked longer term goals, that was unwilling to undertake substantial modernization measures and that acted as „giver” and „drainer”, periods of overspending and consolidating (restricting) have followed each other. However, public finance could be financed only by drawing on huge external resources and forceful restrictions. This study attempts to introduce the processes and their substantial reasons.
| Item Type: | Book Section |
|---|---|
| Journal or Publication Title: | Studies in international economics and finance |
| Date: | 2011 |
| ISSN: | 1588-8533 |
| ISBN: | 978-963-315-055-9 |
| Page Range: | pp. 105-124 |
| Series Name: | SZTE Gazdaságtudományi Kar közleményei |
| Language: | English |
| Related URLs: | http://acta.bibl.u-szeged.hu/37423/ |
| Uncontrolled Keywords: | Államháztartás - Magyarország - 1980-2010-es évek |
| Additional Information: | Bibliogr.: p. 122-124. ; összefoglalás angol nyelven |
| Subjects: | 05. Social sciences 05. Social sciences > 05.02. Economics and business |
| Date Deposited: | 2016. Oct. 17. 10:39 |
| Last Modified: | 2022. Mar. 02. 07:52 |
| URI: | http://acta.bibl.u-szeged.hu/id/eprint/36379 |
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