THE INTERRELATIONS BETWEEN THE CENTRAL AND LOCAL BUDGETS IN ROMANIA - PROBLEMS AND POSSIBLE SOLUTIONS

Journal Title: Annales Universitatis Apulensis series Oeconomica - Year 2010, Vol 12, Issue 1

Abstract

By integrating public budgets and their interrelationships, the public budgetary system must meet, through its actual configuration, some rationality requirements that should ensure the necessary support in order for it to contribute to the overall economic and social development. In these conditions, a universal structuring model of public budgetary systems in excluded on principle, but common foundation elements serving their functionality may and must be identified. On this premise, our article aims at highlighting, based on qualitative and quantitative research, the design and functioning method of the interrelationships between the state budget and local budgets, pointing out their implications for the functionality of the budgetary system and for the “soundness” of public finances, proposing corresponding improvement solutions.

Authors and Affiliations

Florin Oprea

Keywords

Related Articles

CHANGES IN LABOUR FORCE EXTERNAL MOBILITY MODEL FOR ROMANIANS. MAIN RESTRICTIONS AND CHALLENGES

The strongest determination of external labour mobility is given by the economic development level from the country of destination and the superior equivalent income that might be obtained by wage employment or entrepr...

 A MONETARY CONDITIONS INDEX FOR ALBANIA

 The goal of the construction of a Monetary Conditions Index (MCI) is to analyze both the interest rate channel and the exchange rate channel. The construction is based on standard open economy macroeconomic models....

SUSTAINABILITY IN ACCOUNTING – BASIS: A CONCEPTUAL FRAMEWORK

This paper motivation is to introduce a few guidelines of a model in search for a conceptual framework for sustainability reporting. We are presenting the levels of information reliability witch are derived mainly from a...

DETERMINANTS OF THE AGRICULTURAL PRODUCTIVITY GROWTH AMONG ROMANIAN REGIONS

Productivity is the synthetic expression of the efficiency with which production factors are being used and mattes the competitiveness of economic systems. This study aims to analyze agricultural productivity growth amon...

PROMOTING ENTREPRENEURSHIP AND DEVELOPING AN ENVIRONMENT FAVORABLE TO SMES

The article aims at charting possibilities of knowledge transfer between university and business environment, especially SME. Universities and other public sector research have accumulated much practical experience over...

Download PDF file
  • EP ID EP124161
  • DOI -
  • Views 74
  • Downloads 0

How To Cite

Florin Oprea (2010). THE INTERRELATIONS BETWEEN THE CENTRAL AND LOCAL BUDGETS IN ROMANIA - PROBLEMS AND POSSIBLE SOLUTIONS. Annales Universitatis Apulensis series Oeconomica, 12(1), 467-476. https://europub.co.uk./articles/-A-124161