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The prerequisites of public sector performance: governance and effectiveness

Author

Listed:
  • Donath Liliana

    (University of the West Timisoara, Faculty of Economics and Business Administration)

  • Milos Marius

    (University of the West Timisoara, Faculty of Economics and Business Administration)

Abstract

In modern economies, the public authority entrusted to manage the public affairs of the community is the state. In fulfilling their objectives the public decision makers assume a number of tasks according to the doctrines embraced by the government. The government results as an outcome of the election process and thus, faithful to its own doctrine is more or less invasive in the economy provides more or less protection and public goods therefore increasing or decreasing its spending according to its needs. The final outcome pursued by the state is the welfare of its citizens. Eventually, the way this goal is achieved as well as the perception the society has regarding the way the state performs is a matter of choice the state makes in order to fulfill its tasks. Traditionally, the main roles assumed by the state are: the distributive role, the regulation role, the stabilising and the assurance role.

Suggested Citation

  • Donath Liliana & Milos Marius, 2008. "The prerequisites of public sector performance: governance and effectiveness," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 3(1), pages 222-227, May.
    • Handle: RePEc:ora:journl:v:3:y:2008:i:1:p:222-227
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    File URL: http://steconomice.uoradea.ro/anale/volume/2008/v3-finances-banks-accountancy/037.pdf
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    References listed on IDEAS

    as
    1. Simon Kemp, 2002. "Public Goods and Private Wants," Books, Edward Elgar Publishing, number 2699, June.
    2. International Monetary Fund, 2003. "Income Inequality and Redistributive Government Spending," IMF Working Papers 2003/014, International Monetary Fund.
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    Cited by:

    1. Donath, Liliana & Milos, Marius, 2008. "Public sector efficiency according to COFOG classification in the European Union," MPRA Paper 12927, University Library of Munich, Germany.
    2. Donath, Liliana & Milos, Marius Cristian & Milos, Laura Raisa, 2008. "Public investment and economic growth in the European Union member states," MPRA Paper 12954, University Library of Munich, Germany.
    3. Marius Cristian Milos & Laura Raisa Milos, 2014. "Indirect Taxation Trends In The European Union Member States," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 96-103, December.

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    Keywords

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    JEL classification:

    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General

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