Regulation of Public Finances in Hungary in Light of Financial Constitutionality

Abstract

The first section of this chapter presents the historical development and theoretical division of financial law. The fundamental legal institutions of modern financial law are widely regulated in the Hungarian Fundamental Law. Public finance constitutionality is an important area of financial jurisprudence. Based on the fundamental law regulations, certain areas of financial jurisprudence are presented in each section: public finances, financial and asset management, the system of public burden bearing and public burdens, public asset management, and the monetary system. The presentation of the basic legal institutions of the constitutionality of public finances allows the reader to get an overview of the Hungarian system of financial law.