Budgeting mechanisms in public administration – meeting today’s and tomorrow’s development challenges
The efficiency of the rational allocation process of public resources represents a constant issue for both scholars and practitioners, under the European and global requirements set up by International Monetary Fund, European Commission and OECD agendas. In Romania, among the objectives of local gov...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2014-01-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/949.pdf
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| Summary: | The efficiency of the rational allocation process of public resources represents
a constant issue for both scholars and practitioners, under the European and global
requirements set up by International Monetary Fund, European Commission and OECD
agendas. In Romania, among the objectives of local government reforms, the rational
allocation of public resources can also be identified. Influenced by changes induced by
the global economic crisis, achieving this objective became a requirement for the
administration of public institutions. From an economics and legal perspective, budgets
increasingly came to be used as an instrument for public intervention.
The goal of this paper is to identify budgeting mechanisms used at local public
administration level in order to determine the main interest factors for the approached
subject. In this context, our research is based on an analytical method of collecting
information from existing written sources, legal analyses and strategic documents.
Therefore, the research aims to outline the positive and negative aspects of budgeting
processes in the public administration. The results of the research will help us to draw
some conclusions which will be integrated into a project concerning the rational resource
allocation processes in territorial administrative units. |
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| ISSN: | 1841-8678 1844-0029 |