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Romania-between decentralization and deconcentration

Author

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  • Carmen Maria CONSTANTINESCU

    (Bucharest University of Economic Studies, Romania)

  • Rodica GHERGHINA

    (Bucharest University of Economic Studies, Romania)

Abstract

The present paper studies the level of local financial autonomy in our country, in relation to the capacity of communities to face local public expenditures. Our analysis targets local own revenues and main components, discussing the impact that transfers and subsidies may have on the degree of local financial decentralization, as they are considered or not own revenues. According to the results of our research, Romania’s present time reached only the stage of deconcentration, because of two reasons: poor local financial decision independence and reduced and unproportional economic development.

Suggested Citation

  • Carmen Maria CONSTANTINESCU & Rodica GHERGHINA, 2015. "Romania-between decentralization and deconcentration," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(Special(I), pages 120-130.
    • Handle: RePEc:agr:journl:v:xxii:y:2015:i:special(ii):p:120-130
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    Cited by:

    1. Octavian-Dragomir Jora & Alexandru Pătruți & Mihaela Iacob & Delia-Raluca Șancariuc, 2020. "“Squaring the Circle”—The Disregarded Institutional Theory and the Distorted Practice of Packaging Waste Recycling in Romania," Sustainability, MDPI, vol. 12(22), pages 1-22, November.

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