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Romanian Local Public Finance Decentralization

Author

Listed:
  • Tatiana Moşteanu

    (Bucharest Academy of Economic Studies,)

  • Carmen Maria Lăcătuş

    (Bucharest Academy of Economic Studies)

Abstract

The work paper highlights the evolution of the public financial decentralization in Romania, based on analysis of legislative changes that occurred after 1991.These changes have had an important impact on local budgets and on local government responsibilities. In the context of increasing local financial independence, local authorities had to demonstrate their ability to take on the tasks of local interest from central government powers. The effect is prompt and timely response to citizen needs.

Suggested Citation

  • Tatiana Moşteanu & Carmen Maria Lăcătuş, 2009. "Romanian Local Public Finance Decentralization," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 12(12(541)(s), pages 13-19, December.
    • Handle: RePEc:agr:journl:v:12(541)(supplement):y:2009:i:12(541)(supplement):p:13-19
    as

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    File URL: http://www.ectap.ro/documente/suplimente/Finantele%20si%20stabilitatea%20economica_Finante_en2010.pdf
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