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The Interrelations Between The Central And Local Budgets In Romania - Problems And Possible Solutions

Author

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  • Florin Oprea

    (Alexandru Ioan Cuza University of Iasi)

Abstract

By integrating public budgets and their interrelationships, the public budgetary systemmust meet, through its actual configuration, some rationality requirements that should ensure thenecessary support in order for it to contribute to the overall economic and social development. Inthese conditions, a universal structuring model of public budgetary systems in excluded onprinciple, but common foundation elements serving their functionality may and must be identified.On this premise, our article aims at highlighting, based on qualitative and quantitative research, thedesign and functioning method of the interrelationships between the state budget and local budgets,pointing out their implications for the functionality of the budgetary system and for the soundness of public finances, proposing corresponding improvement solutions.

Suggested Citation

  • Florin Oprea, 2010. "The Interrelations Between The Central And Local Budgets In Romania - Problems And Possible Solutions," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(12), pages 1-46.
  • Handle: RePEc:alu:journl:v:1:y:2010:i:12:p:46
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    File URL: http://oeconomica.uab.ro/upload/lucrari/1220101/46.pdf
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    Cited by:

    1. Dogaru, Tatiana-Camelia, 2014. "The Rational Distribution of Public Resources: A Challenge for Public Budgets Reform," MPRA Paper 61093, University Library of Munich, Germany.

    More about this item

    Keywords

    public budgetary systems; intergovernmental fiscal relations; local financial autonomy;

    JEL classification:

    • H - Public Economics

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