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Correlation Between The Public Sector’S Performance And The Sovereign Debt, In The Context Of The Current Economic Crisis

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Author Info

  • Alin Opreana

    (Assistant Professor of Micro and Macroeconomics at the University Lucian Blaga)

  • Diana Marieta Mihaiu

    (Assistant Professor of Finance at the University Lucian Blaga)

Abstract

The current economical situation determined by the effects of the crisis is causing the governments of the countries worldwide to streamline their processes in terms of collecting revenue from the state budget and then redistributing them on the principle of performance and economical efficiency. In this respect, we have studied the public sector performance through a scoring function, and especially the correlation that exists between the EU Member States public sector performance and budgetary outcome, the budgetary surplus or deficit.

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File URL: http://www.rebe.rau.ro/RePEc/rau/journl/FA10/REBE-FA10-A21.pdf
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Bibliographic Info

Article provided by Romanian-American University in its journal Romanian Economic and Business Review.

Volume (Year): 5 (2010)
Issue (Month): 3 (September)
Pages: 271-283

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Handle: RePEc:rau:journl:v:5:y:2010:i:3:p:271-283

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Related research

Keywords: public expenditure; efficiency; input; output; outcomes;

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  1. Antonio Afonso & Ludger Schuknecht & Vito Tanzi, 2010. "Public sector efficiency: evidence for new EU member states and emerging markets," Applied Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 42(17), pages 2147-2164.
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