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Ways to Finance Investments within the Local Public Administration

Author

Listed:
  • Monica Daniela TESU (PASCULESCU)

    () (Bucharest City Hall Sector 2, Romania)

Abstract

The aim of this study is to disclose several ways to finance investments within the local public administration. The study has revealed that the investments in local public administration may be made by establishing public-private partnerships, attracting and using grant funds and using loans to finance public services and investments in local infrastructure with governments’ warranties or local authorities’ warranties. This study provides a realistic background for finding solutions to the problems encountered by the local public administration in order not only to surmount the economic crisis, but to upturn the international investments in Romanian infrastructure.

Suggested Citation

  • Monica Daniela TESU (PASCULESCU), 2011. "Ways to Finance Investments within the Local Public Administration," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(2), pages 492-499, December.
  • Handle: RePEc:rom:econmn:v:14:y:2011:i:2:p:492-499
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    File URL: http://www.management.ase.ro/reveconomia/2011-2/21.pdf
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    Cited by:

    1. Sidhakam BHATTACHARYYA & Gautam BANDYOPADHYAY, 2012. "Urban Local Bodies In India: Financial Control For Better Financial Performance," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 7(3), pages 24-37, August.

    More about this item

    Keywords

    economic recovery; investments; local public administration.;

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • 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

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