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ROMANIAN LOCAL PUBLIC FINANCE DECENTRALIZATION

Tatiana Mosteanu and Carmen Maria Lacatus (Constantinescu) ()

Theoretical and Applied Economics, 2009, vol. 12(541)(supplement), issue 12(541)(supplement), 13-19

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.

Keywords: local autonomy; financial decentralization; local needs; public services; budget. (search for similar items in EconPapers)
Date: 2009
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