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MEASURING THE DYNAMICS OF LOCAL REVENUES AUTONOMY IN ROMANIA. AN ANALYSIS OF SEVERAL FINANCIAL DECENTRALIZATION AND LOCAL AUTONOMY INDICATORS

Tatiana Moşteanu and Maria Letiţia Brătulescu
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Tatiana Moşteanu: Bucharest University of Economic Studies
Maria Letiţia Brătulescu: “Transilvania” University of Braşov

Authors registered in the RePEc Author Service: Maria Letitia Andronic ()

Theoretical and Applied Economics, 2013, vol. XX, issue Special I, 180-196

Abstract: In the context of a larger economic liberalization, resulting in the withdrawal of a certain degree of state intervention, a reorientation of public funds took place, which, for local authorities, meant that they had to take over a larger share of responsibility regarding the economic policies. The article emphasizes whether the financial resources available for the local communities are sufficient and efficiently used in order to satisfy local needs. In this respect, the paper presents the dynamics and structure of local revenues in Romania and highlights several indicators to prove the sub-national government financial independence for the last 7-11 years.

Keywords: sub-national government revenues; financial decentralization; local autonomy; own revenues; the Hunter index. (search for similar items in EconPapers)
Date: 2013
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