Financial Decentralization Reflected in the Revenues and Expenses of Local Budgets in Romania

Gheorghe Matei and Olivia Manole
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Gheorghe Matei: University of Craiova
Olivia Manole: University of Craiova

Finante - provocarile viitorului (Finance - Challenges of the Future), 2014, vol. 1, issue 16, 36-45

Abstract: Decentralization process, due to its inter-sectoral feature, is a very difficult process and requires constant coordination between the actors involved, as well as the undertaking by them, including by the recipients (local public administration authorities), of the measures agreed on. Thus, for this process to be successfully implemented, the transfer of administrative responsibilities must be correlated with that of the financial resources.

Keywords: financial decentralization; local revenues; local expenses; economic model of unifactorial regression (search for similar items in EconPapers)
JEL-codes: C58 H72 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (1)

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