Constitutional Bases of Public Finances in the Central and Eastern European Countries
Network of Institutes and Schools of Public Administration in Central and Eastern Europe, 25th Annual Conference, May 2017
18 Pages Posted: 30 May 2018
Date Written: May 5, 2017
After the Mortgage-debt Financial Crisis and the European Debt Crisis, some remarkable and significant changes can be identified in public finances. In connection with this, new elements were incorporated into constitutions. The main hypothesis can be formulated as, is there any correlation between the constitutional provisions (or other relevant law sources) and the performance of the economy (GDP growth), sound and sustainable fiscal policy (budgeting, government debt, taxation, audit), furthermore monetary policy (price and exchange rate stability) and national assets. The paper will analyse and compare the 29 NISPAcee countries’ constitutional provisions. The research is based on legal and economic methodology with quantitative approach.
Keywords: Public Finance, Law and Economics, Constitutional Economics
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