Fiscal Decentralization in the Czech and Slovak Republics: A Comparative Study of Moral Hazard
| Autor: | Gary C. Cornia, Phillip J. Bryson, Gloria E. Wheeler |
|---|---|
| Rok vydání: | 2004 |
| Předmět: |
Czech
Property tax Public Administration Moral hazard 05 social sciences Geography Planning and Development 0211 other engineering and technologies 0507 social and economic geography 021107 urban & regional planning Real estate 02 engineering and technology Management Monitoring Policy and Law Environmental Science (miscellaneous) Tax reform Decentralization language.human_language Market economy Ad valorem tax Economics language Revenue 050703 geography |
| Zdroj: | Environment and Planning C: Government and Policy. 22:103-113 |
| ISSN: | 1472-3425 0263-774X |
| DOI: | 10.1068/c0247 |
| Popis: | Fiscal decentralization has provided neither the benefits of decentralization nor an independent revenue source for subnational governments in the Czech and Slovak Republics. In Slovakia political conditions early in the transition led to the relative neglect of revenue transfers from the center. This produced financial stress but also encouraged greater fiscal independence for local governments. It also forced them to seek maximal property tax revenues. The Czech Republic made more substantial transfers to local governments, but the development of fiscal autonomy was stifled as transfers reduced the need for own-source local revenues. The Czech real estate tax has remained nominal, as it was under central planning, and its administration is fraught with moral hazard problems. Thus, the property tax never became a vehicle for generating independent funds, but the prospects for the tax are much brighter in the Slovak Republic. This paper offers several views on why the property tax has been more successful in the Slovak Republic. |
| Databáze: | OpenAIRE |
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