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The Challenges of the Administrative Process in a Financial Crisis and their Effectiveness

Author

Listed:
  • Dumitrescu-Peculea, Adelina
  • Dogaru, Tatiana-Camelia

Abstract

When we think back to the financial crisis which has been over for a few years now, we can only see the negative aspects. However, the positive aspects are incontestable. One of these aspects is represented by the efforts of making the public administrative processes more efficient. Managers of public institutions were obligated, due to lack of funds, to concentrate on creating and/or developing various mechanisms in order to optimize the internal processes with the intention of assuring the development of their activities and obtaining their overall objective. By doing this, they gained the importance of organizational functions such as internal public audits, internal managerial control and governess. The intent of this paper is to present the efficient process which took place in public administration sector of Romania during the financial crisis and immediately after. In order to better understand this procedure, a comparative analysis between the process implemented in Romania and the ones applied by the European Union will be discussed. The conclusions which will be formulated due to this study can be applied both theoretically as well as practically.

Suggested Citation

  • Dumitrescu-Peculea, Adelina & Dogaru, Tatiana-Camelia, 2016. "The Challenges of the Administrative Process in a Financial Crisis and their Effectiveness," MPRA Paper 94487, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:94487
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    File URL: https://mpra.ub.uni-muenchen.de/94487/1/MPRA_paper_94487.pdf
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    References listed on IDEAS

    as
    1. Pop, Napoleon, 2010. "Romania During The Post-Crisis Period: A Limitative Evaluation," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 14(4), pages 93-110.
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    More about this item

    Keywords

    Economic crisis; administrative reforms; sustainability; public administration;
    All these keywords.

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • H1 - Public Economics - - Structure and Scope of Government
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management

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