Public Expenditure in the Slovak Republic : Composition and Technical Efficiency

Author/Editor:

Francesco Grigoli

Publication Date:

July 1, 2012

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

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.

Series:

Working Paper No. 12/173

Subject:

English

Publication Date:

July 1, 2012

ISBN/ISSN:

9781475505214/1018-5941

Stock No:

WPIEA2012173

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

34

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