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Financial Decentralization Reflected in the Revenues and Expenses of Local Budgets in Romania

Author

Listed:
  • Gheorghe MATEI

    (University of Craiova)

  • Olivia MANOLE

    (University of Craiova)

Abstract

Decentralization process, due to its inter-sectoral feature, is a very difficult process and requires constant coordination between the actors involved, as well as the undertaking by them, including by the recipients (local public administration authorities), of the measures agreed on. Thus, for this process to be successfully implemented, the transfer of administrative responsibilities must be correlated with that of the financial resources.

Suggested Citation

  • Gheorghe MATEI & Olivia MANOLE, 2014. "Financial Decentralization Reflected in the Revenues and Expenses of Local Budgets in Romania," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(16), pages 36-45, December.
    • Handle: RePEc:aio:fpvfcf:v:1:y:2014:i:16:p:36-45
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    File URL: http://feaa.ucv.ro/FPV/016-003.pdf
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    Citations

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    Cited by:

    1. Dan-Constantin Danuletiu & Adina-Elena Danuletiu, 2016. "Analysis of the Local Budget’s Expenditures Structure at Different Types of Administrative Units in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 461-466, February.

    More about this item

    Keywords

    financial decentralization; local revenues; local expenses; economic model of unifactorial regression;
    All these keywords.

    JEL classification:

    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • C58 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Financial Econometrics

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