Sustainability of public finance – international comparison

Bc. Jan Machačka

Master's thesis

Abstract:

The thesis aim is to compare the public finances of three selected countries: Germany, France, and Austria. This research will be carried out through several consecutive objectives, starting with the presentation of the specific situations that occur in the public finances of these selected countries and identify their differences, further clarification of the primary financial sources from which these countries receive their state revenues, and then how they spend these hefty sums of money. Other partial objectives are, first how these countries could improve their public finances in certain areas where it is essential to intervene, and secondly, how the recent covid-19 pandemic affected the state of these public finances. As part of this research, it is necessary to mention that there will also be added economic variables, such as GDP, public debt, unemployment, inflation, which will serve to make a closer comparison between countries and create some idea of how these countries are doing in the international economic comparison.

Keywords

Economy, Public sector, State, Fiscal policy, Currency, State budget, Sustainability, Public expenditure, Public choice, Taxes

Language used: English

Date on which the thesis was submitted / produced: 31. 3. 2022

Thesis defence

• Supervisor: doc. Ing. Irena Benešová, Ph.D.
• Reader: Monika Hrstková, externi

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / field:
Economics and Management / Economics and Management