Štátny rozpočet a podniková sféra
STATE BUDGET AND THE ENTERPRISING SPHERE

Summary/Abstract: When judging the relation between the state budget and the enterprising sphere in the medium-term horizon of 3–5 years it is obvious that one cannot expect marked decrease in the sphere of direct taxes. One can rather expect the improvement of conditions for the entrepreneurial sphere by balancing the approach of individual parts of public finance towards the entrepreneurial sphere (the transfer of competencies, gradual decrease of direct taxation of corporate bodies, changes in the sphere of payments to the insurance systems which should operate in a balanced way and gradually aim at the improvement of the overall conditions of the entrepreneurial environment). On the other hand apparently the manoeuvring area (irrespective of all possible further political changes that could happen as a result of regular or premature general elections) is relatively narrow as most of the problems in individual parts of the state budget (in the sphere of retirement system or in the Social Insurance Co.) is of a long-term character. At least in the medium-term horizon this narrow manoeuvring area will significantly influence the general situation of individual parts of public finance, and in principle one cannot compensate it without utilising means obtained by privatisation. While considering the total possible revenue from privatisation (estimated today as some 100 billion Sk) one expects obviously to utilise these means for a wide variety of purposes. When including the fact that probably in the election year populist suggestions of how to solve numerous problems will emerge (these actually will not be solutions, yet rather postponements of problems), One can then in the medium-term horizon anticipate rather gradual and very slow improvement of the overall situation in the entrepre-neurial environment for most of the entrepreneurial subjects. From this point of view the concentration of attention of small and medium enter-prises to the solution of unemployment problem, or expanding cooperation of medium and big companies with supranational corporations will lead to gradual and evolution-ary improvement of conditions for the enterprising sphere and thereafter also for the whole population. One cannot expect marked and more radical changes for instance in the sphere of living standard, real income etc. Besides, one of the significant factors that will influence further development will also be demographic development and its im-pact on the overall relation between real wages development and the development of retirement payments. One can assume rather the continuation of the decrease in retire-ment payments and real wages. Naturally such development will lead to some relaxation in real internal effective demand, thus reducing possibilities of the expansion of small and medium enterprises and trade sector in regional and local areas.

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