Главен редактор
  • проф. д-р Христина Николова
Редакционен съвет
  • проф. д-р Христина Николова, УНСC
  • проф. д.с.н. Елка Тодорова, УНСС
  • проф. д.н. Мая Ламбовска, УНСС
  • доц. д-р Тодор Недев, УНСС
  • доц. д-р Дорина Кабакчиева, УНСС
  • доц. д-р Паскал Желев, УНСС
Научен секретар
  • доц. д-р Александър Вълков, УНСС
Координатор
  • ас. д-р Веселина Любомирова, УНСС
Международен редакционен съвет
  • Damian Stantchev, PhD
    Edinburgh NAPIER University, UK

  • Ivaylo Vassilev, PhD
    University of Southampton,UK

  • Prof. Irina Kuzmina-Merlino, PhD
    Transport and Telecommunication Institute, Riga

  • Milan Zdravkovic
    University of Niš, Serbia

  • Prof. Niculae Mihaita, PhD
    Bucharest Academy of Economic Studies, Romania

  • Prof. Ricardo Jardim-Gonçalves, PhD
    UNINOVA institute, New University of Lisbon, Portugal

  • Prof. Ing. Jaroslav Belás, PhD
    Tomas Bata University in Zlín, Czech Republic

  • Prof. John Rijsman, PhD
    Tilburg University

  • Prof. Ing. Zdenek Dvorák, PhD
    University of Zilina, Slovak Republic

  • Prof. Zoran Cekerevac, PhD
    “Union – Nikola Tesla” University in Belgrade, Serbia

Pandemic Crisis and Local Government Fiscal Health
Научни трудове на УНСС - Том 1/2021
година 2021
Брой 1

Pandemic Crisis and Local Government Fiscal Health

Резюме

The crisis brought on by the Covid-19 pandemic has strained the capacity of central governments and their healthcare systems but has also had an impact on the financial situation of local territorial units. Insofar as local authorities play an essential role in the enforcement of the lockdowns put in place to curb the pandemic, municipal spending has increased and the funds necessary to keep the measures in place have put an additional burden on municipal budgets, jeopardising essential public service delivery. This paper traces the changes in revenue and spending at local level in Bulgaria triggered by Covid-19 by looking at the level to which the crisis brought on by the pandemic has jeopardised the financial health of municipalities and contributed to an increase in the number of municipalities experiencing financial difficulties. In connection with this, the procedure for financial recovery of municipalities in Bulgaria and its effectiveness have been examined by looking at whether in the period 2016-2020 the number of municipalities experiencing financial difficulties has increased or decreased. The analysis covers the key factors that may lead to an increase in the number of municipalities with financial difficulties, including decreasing local tax collection rates, increasing municipal debt and arrears, etc. The capital activity of local authorities has also been explored. Measures for improving the local governments’ financial conditions and mitigating the negative effects of the crisis triggered by the pandemic have been proposed.

JEL: H71, H72, H74, H75

Ключови думи

Bulgaria, municipal budgets, financial recovery, pandemic crisis
Свалете RP_vol1_2021_No07_P Nenkova, D Kalcheva.pdf
ABSTRACTING AND INDEXING

ISSN (print): 0861-9344
ISSN (online): 2534-8957