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Development And Efficiency Of Budget Of Public Institutions By The Method Based On Performance

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  • Irina-Stefana, CIBOTARIU

    () (Faculty of Economics and Public Administration, Stefan cel Mare University of Suceava, Romania)

Abstract

In Romania, public sector performance is a concept on which it has been written very little and rarely applied in practice. The situation is not the same in developed countries economically to where we focus our attention, regarded as models for our country. Internationally, since the early 70s of the last century there were initiated processes of modernization and reorganization of public institutions in different countries. The society required a higher efficiency of the services provided by it, a better use of public services and also an effective bureaucratic model. It can be said that only in this context, government institutions can gain strength, consistency and can become more reliable. Flexibility, decentralization, creativity, self-management and management contract, all used as measurement tools are the basic features of a managerial reforms that focus on results. Determining the results in the public sector and implementing a system of financial and nonfinancial performance measurement requires a clear definition of the objectives and goals of each organization and component institution.

Suggested Citation

  • Irina-Stefana, CIBOTARIU, 2014. "Development And Efficiency Of Budget Of Public Institutions By The Method Based On Performance," Management Strategies Journal, Constantin Brancoveanu University, vol. 26(4), pages 334-337.
  • Handle: RePEc:brc:journl:v:26:y:2014:i:4:p:334-337
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    Keywords

    Financial performance; Performance Budgets; Budget of public institutions.;

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • H70 - Public Economics - - State and Local Government; Intergovernmental Relations - - - General

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