Munich Personal RePEc Archive

Constitutional Bases of Public Finances in the Central and Eastern European Countries

Vértesy, László (2017): Constitutional Bases of Public Finances in the Central and Eastern European Countries. Published in: 25th NISPAcee Annual Conference - Papers

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Abstract

The paper analyses and compares some constitutional examples, especially in the 29 NISPAcee countries, how the states settle the bases of the economy and public finance in their constitutions or fundamental laws. 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); also after the amendments can any changes be identified or not.

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