Public Expenditure in the Slovak Republic: Composition and Technical Efficiency
![WPIEA2012173 Image](images/NOPIC.jpg)
Author/Editor: Francesco Grigoli
Release Date: © July, 2012
ISBN
: 978-1-47550-521-4
Stock #: WPIEA2012173
English
Stock Status: On back-order
Languages and formats available
English | French | Spanish | Arabic | Russian | Chinese | Portuguese | |
Paperback | Yes |
Description
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.
Taxonomy
Economic policy , Education , Social policy
More publications in this series: Working Papers
More publications by: Francesco Grigoli