Public Expenditure in the Slovak Republic: Composition and Technical Efficiency

Francesco Grigoli ()

No 2012/173, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: WP; EU-OECD country; government; public spending; country; Slovak Republic; expenditure composition; technical efficiency; EU-OECD average; EU-OECD perspective; health sector; State material; Health care spending; Total expenditures; Education spending; Europe; Global (search for similar items in EconPapers)
Pages: 34
Date: 2012-07-01
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Citations: View citations in EconPapers (8)

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