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An Assessment Of The Financing System Of Local Communities In Romania

Author

Listed:
  • Dănule iu Dan Constantin
  • MutaÅŸcu Mihai Ioan
  • Enache Cosmin

Abstract

The paper reflects the importance of the local budgets in the Romanian budget system and it shows the evolutions of the different types of revenues of local budgets in the period 1991-2005. It emphasizes the mechanisms of local budgets equalization during this period. An important part of the paper is dedicated to the differences between the structure and importance of local budgets order by development regions in order to reflect the different importance of the equalization grants for local budgets. It also suggests some improvements to be done in the mechanism of the equalization grants.

Suggested Citation

  • Dănule iu Dan Constantin & MutaÅŸcu Mihai Ioan & Enache Cosmin, 2007. "An Assessment Of The Financing System Of Local Communities In Romania," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(9), pages 1-21.
    • Handle: RePEc:alu:journl:v:1:y:2007:i:9:p:21
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    File URL: http://oeconomica.uab.ro/upload/lucrari/920071/21.pdf
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    References listed on IDEAS

    as
    1. Juan Luís Gómez & Jorge Martinez-Vazquez & Cristian Sepúlveda, 2007. "Equalization Transfers in Romania: Current System and Proposals for Reform," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0701, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
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      More about this item

      Keywords

      local budget; budget system; equalization grants;
      All these keywords.

      JEL classification:

      • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
      • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
      • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism

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