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Theoretical Considerations On Local Budgets

Author

Listed:
  • Ionel Eduard Ionescu

    (Faculty of Finance and Banking , Spiru Haret University of Bucharest, Romania)

  • Cristian Constantin Oprea

    (Faculty of Finance and Banking , Spiru Haret University of Bucharest, Romania)

Abstract

This paper provides an overview of local budgets, or otherwise highlights the importance of these tools - local budgets, in the financial autonomy mechanism. Local communities know better than central authorities, their possibilities of obtaining financial resources and needs on expenses for providing local partner services. All these resources and needs are identified in local budgets.

Suggested Citation

  • Ionel Eduard Ionescu & Cristian Constantin Oprea, 2012. "Theoretical Considerations On Local Budgets," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1487-1492, May.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:1487-1492
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    More about this item

    Keywords

    budget; local budget; financial decentralization;
    All these keywords.

    JEL classification:

    • H6 - Public Economics - - National Budget, Deficit, and Debt
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures

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