Article ID Journal Published Year Pages File Type
982930 Procedia Economics and Finance 2015 8 Pages PDF
Abstract

Public expenditure programmes are long-term instruments through which the government attempts to achieve the determined objectives of its public policies. In order to make from an economic perspective informed decisions on public policy objectives and to update them, it is necessary to qualitatively or quantitatively assess (evaluate) whether and how efficiently the objectives are being met. Towards this end there is adopted an economic assessment of efficiency of public expenditures. The paper presents a possible approach towards simplified assessment of the expenditure programme for primary education in the Czech Republic (assessment of economy, effectiveness and efficiency). The results of selected indicators show that in the long-term perspective, efficiency of this expenditure programme rather increases.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics