Aspects on the Role of Public Finances in Achieving Governmental Objectives
In modern age, the role of public finances is complex, these serving both to provide theresources to cover the costs and as possibility of state intervention in economy. Being an importanteconomic category, finances are a pillar in achievement of the policy objectives of the state, thecentral elemen...
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| Format: | Article |
| Language: | English |
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Ovidius University Press
2017-01-01
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| Series: | Ovidius University Annals: Economic Sciences Series |
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| Online Access: | http://stec.univ-ovidius.ro/html/anale/ENG/2017/Section-V/35.pdf |
| _version_ | 1819087840531709952 |
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| author | Popa Florina |
| author_facet | Popa Florina |
| author_sort | Popa Florina |
| collection | DOAJ |
| description | In modern age, the role of public finances is complex, these serving both to provide theresources to cover the costs and as possibility of state intervention in economy. Being an importanteconomic category, finances are a pillar in achievement of the policy objectives of the state, thecentral element being the governmental power.
For the production and distribution of the public goods and services, for the benefit ofcommunity, the state establishes necessary funds, which allocates for priority targets so as toensure an efficient spending of them, the way to build revenues and perform expenditures,achieving by means of the financial system of each country.
The paper brings forward aspects concerning the elements of structure, functions and role ofpublic finances in the economy, important instrument of adjustment the economic and social lifeand removing economic imbalances generated by the game of market economy, left free. |
| first_indexed | 2024-12-21T21:42:32Z |
| format | Article |
| id | doaj.art-10da2646552f4ba68ba39acc88065355 |
| institution | Directory Open Access Journal |
| issn | 2393-3127 2393-3127 |
| language | English |
| last_indexed | 2024-12-21T21:42:32Z |
| publishDate | 2017-01-01 |
| publisher | Ovidius University Press |
| record_format | Article |
| series | Ovidius University Annals: Economic Sciences Series |
| spelling | doaj.art-10da2646552f4ba68ba39acc880653552022-12-21T18:49:20ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272393-31272017-01-01XVII1584589Aspects on the Role of Public Finances in Achieving Governmental ObjectivesPopa Florina0Institute of National Economy, Romanian AcademyIn modern age, the role of public finances is complex, these serving both to provide theresources to cover the costs and as possibility of state intervention in economy. Being an importanteconomic category, finances are a pillar in achievement of the policy objectives of the state, thecentral element being the governmental power. For the production and distribution of the public goods and services, for the benefit ofcommunity, the state establishes necessary funds, which allocates for priority targets so as toensure an efficient spending of them, the way to build revenues and perform expenditures,achieving by means of the financial system of each country. The paper brings forward aspects concerning the elements of structure, functions and role ofpublic finances in the economy, important instrument of adjustment the economic and social lifeand removing economic imbalances generated by the game of market economy, left free.http://stec.univ-ovidius.ro/html/anale/ENG/2017/Section-V/35.pdfpublic financestaxessubsidiesfunctionsrole |
| spellingShingle | Popa Florina Aspects on the Role of Public Finances in Achieving Governmental Objectives Ovidius University Annals: Economic Sciences Series public finances taxes subsidies functions role |
| title | Aspects on the Role of Public Finances in Achieving Governmental Objectives |
| title_full | Aspects on the Role of Public Finances in Achieving Governmental Objectives |
| title_fullStr | Aspects on the Role of Public Finances in Achieving Governmental Objectives |
| title_full_unstemmed | Aspects on the Role of Public Finances in Achieving Governmental Objectives |
| title_short | Aspects on the Role of Public Finances in Achieving Governmental Objectives |
| title_sort | aspects on the role of public finances in achieving governmental objectives |
| topic | public finances taxes subsidies functions role |
| url | http://stec.univ-ovidius.ro/html/anale/ENG/2017/Section-V/35.pdf |
| work_keys_str_mv | AT popaflorina aspectsontheroleofpublicfinancesinachievinggovernmentalobjectives |