The Mutations of Public Utilities Provided by Public Indebtedness in the Economic Downturn
AbstractIn this paper we try to draw a possible trajectory of the public utilities supply, taking in consideration actual economic recession correlate with the evolution of public indebtedness which is intended to finance public expenditures. We assume that in order to provide competitive and high quality public goods and services, governments need to change the policy regarding public provision of utilities in order to ensure efficiency and avoid public financial resources waste. One of viable solution is the transfer the provision from state-owned companies to private-owned ones, of course correlated with a simultaneously process of regulation to create a precise legal framework to ensure a broad access to public goods and services offered to citizens.
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Bibliographic InfoArticle provided by Ovidius University of Constantza, Faculty of Economic Sciences in its journal Ovidius University Annals, Economic Sciences Series.
Volume (Year): XI (2011)
Issue (Month): 2 (May)
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Web page: http://www.univ-ovidius.ro/facultatea-de-stiinte-economice
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Public debt; public utilities; economic recession; public indebtedness.;
Find related papers by JEL classification:
- H4 - Public Economics - - Publicly Provided Goods
- H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
- H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt
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