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Budget – Sustainable Development Tool and Instrument in the Fight of Economic Entities Against Economic Crisis

Author

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  • Tãnase Gabriela Lidia

    (ASE, Bucureºti)

Abstract

In the current economy, where all countries are affected to some extent by the economic crisis and more companies stop their activity, an increasing importance is given to available resources, their use, savings, efficiency, effectiveness, cost reduction, elimination of waste, and a careful and detailed planning of the activity. So we begin to turn our attention to sustainable development involving, among other elements, efficient use of resources that can lead to economic growth, may prevent or attenuate the economic crisis and of course we focus on budgeting process in economic entities which, through the efficient control of resources and a detailed planning of their use and others characteristics, they contribute not only to the implementation of sustainable development, but also to supporting entities in an uncertain environment.

Suggested Citation

  • Tãnase Gabriela Lidia, 2012. "Budget – Sustainable Development Tool and Instrument in the Fight of Economic Entities Against Economic Crisis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 1377-1381, Decembre.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:2:p:1377-1381
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    More about this item

    Keywords

    economic growth; resources; sustainable development; performance; budget;
    All these keywords.

    JEL classification:

    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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