COSTS, BENEFITS AND INDIVIDUAL PREFORMANCE INDICATORS OF SOME IMPORTANT PUBLIC INSTITUTIONS IN ROMANIA IN THE FIRST YEARS AFTER EU JOINING

Aurelian Virgil Băluţă
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Aurelian Virgil Băluţă: Spiru Haret University

Theoretical and Applied Economics, 2007, vol. 11(516)(supplement)(vol2), issue 11(516)(supplement)(vol2), 101-106

Abstract: This communication provides an analysis of some important state public institutions considering the correlation between the costs they engage, the expected benefits, benefits effectively obtained by them and their individual performance indicators. The costs of each public institution are those which are in the budgetary execution. If they are not identified in the consolidated balance sheet of the state, referral is made to calculations based on some normative regulations which approves the maximum limits for expenses. The potential benefits are assessed in money value based on the tasks delegated flowing from the normative acts for the respective institutions establishment. A series of specific performance indicators are suggested for the main institutions which are under the scope of this analysis. Starting from these indicators, in correlation with the level of the costs, it is possible to establish how much added value brought such an institution in Romania, or if the respective institution was an actual budgetary resources consumer.

Keywords: public institution; cost of public institution; benefits of public institution; performance of public institution. (search for similar items in EconPapers)
Date: 2007
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