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Features of the Regional Development and Decentralization in Romania. A Comparative Analysis of the Regions of Romania

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  • Andronic Maria Letiþia

    () (“Transilvania” University of Brasov, Faculty of Economic Sciences and Business Administration)

Abstract

Nowadays, global economy has to face some difficulties, especially since the financial crisis is still a present factor in our economy. This research paper emphasizes the importance of adopting, especially during instability periods, coherent measures by all those who have the power of decision in terms of local budgetary revenue collection and expenditure destination. It is necessary that the regional development dimensions to be conceived according to the diversity of nations, their historical background, but also the cultural, economic and social development discrepancies. We have also underlined the connection between regional development, local autonomy and decentralization, mainly the administrative decentralization, as these concepts define the transfer of responsibilities for the planning, financing and management of certain public functions from the central Government to subordinate units or regional and local authorities. The article focuses on the Global Index of Development and its specific indicators which reveal region’s social-economic and financial performance.

Suggested Citation

  • Andronic Maria Letiþia, 2012. "Features of the Regional Development and Decentralization in Romania. A Comparative Analysis of the Regions of Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 304-309, May.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:304-309
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    File URL: http://stec.univ-ovidius.ro/html/anale/ENG/cuprins%20rezumate/volum2012p1.pdf
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    Cited by:

    1. repec:cbu:jrnlec:y:2017:v:4:p:128-135 is not listed on IDEAS
    2. Benos, Christos & Angelopoulou, Ioanna & Metaxas, Theodore, 2017. "“Decentralization” of income per capita and its relationship to administrative decentralization in the context of European Union members," MPRA Paper 78777, University Library of Munich, Germany.
    3. Chirculescu Maria Felicia, 2016. "The Position Budgets Of Administrative And Territorial Units In General Consolidated Budget," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 126-130, December.

    More about this item

    Keywords

    regional development; local autonomy; decentralization; local needs;

    JEL classification:

    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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