IDEAS home Printed from https://ideas.repec.org/a/bbn/journl/2010_2_3_giurgiu.html
   My bibliography  Save this article

Public Finance Versus Private Finance

Author

Listed:
  • AUREL IOAN GIURGIU

    () (Faculty of Business, Babes-Bolyai University, Cluj-Napoca, Romania)

  • FLORIN SEBASTIAN DUMA

    () (Faculty of European Studies, Babes-Bolyai University, Cluj-Napoca, Romania)

Abstract

The generic term of finance comprises a multitude of practical forms, apparently different not only from the targeted purpose, but also by the way of creating and using of the funds. However, finance is divided in two main forms: public finance and private finance. The public finance is trying to satisfy the common needs of the entire community which is administered by the constituted authority, while the private finance refers to the needs of a much more restrained community constituted through the voluntary association in lucrative purposes. In this paper we tried show the differences between the public and the private finance, their role and mechanism and which is the interdependency between them.

Suggested Citation

  • Aurel Ioan Giurgiu & Florin Sebastian Duma, 2010. "Public Finance Versus Private Finance," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
  • Handle: RePEc:bbn:journl:2010_2_3_giurgiu
    as

    Download full text from publisher

    File URL: http://tbs.ubbcluj.ro/RePEc/bbn/journl/Negotia_2_2010.pdf
    File Function: Revised version, 2010
    Download Restriction: no

    More about this item

    Keywords

    finance; public finance; policy; public revenues; public spending; financial policy;

    JEL classification:

    • E69 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bbn:journl:2010_2_3_giurgiu. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Cornelia Pop). General contact details of provider: http://edirc.repec.org/data/fbubbro.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.