Comparative Study on Penalties Stipulated in the Budgetary Discipline Enforcement Regulatory Framework in the Visegrád Countries

Abstract

Penalties are important part of any regulatory framework. They represent an ultima ratio measure which complements preventive and corrective measures. The goal of this article is to analyse and compare regulatory frameworks of the Visegrád countries in a perspective of penalties which aim to secure compliance with budgetary discipline. The article concludes that there exist significant differences between Visegrád countries. Utilizing a comparative method of research, primarily based on a questionnaire survey conducted by the authors, and responded to by a team of legal scholars, this article offers valuable insight for the legal scholarship and policymaking withing the Visegrád countries.