 Analysis and Evaluation of the Financial Situation of Municipalities in Bulgaria (1999 – 2001)Stefan Ivanov, Yana Buchvarova and Stanka Mincheva Economic Thought journal, 2002, issue 5, 3-26 Abstract: The municipal finance system in Bulgaria is in crisis. The problems have structural nature and result from the lack of correspondence between the expenditure needs for providing the legally regulated municipal services and the financial resources received by the municipalities and the local powers to influence these resources. The local budgets become more and more difficult to understand, intransparent and create unclear picture for the financial situation of municipalities. Changes towards decentralization and improvement of budgetary process are urgently needed. The article makes analysis and evaluation of the financial situation of all 262 Bulgarian municipalities for the period 1999-2001. For this purpose, the municipalities have been divided into groups based on their functional role in the provision of local public services. On this basis 5 municipality groups have been formed: group 1 – Sofia; group 2 – the municipalities – regional centers; group 3 – the municipalities – secondary centers (former okolia centers); group 4 – municipalities paying contributions to central budget (excluding the ones from group 2); group 5 – all the rest municipalities (small and underdeveloped municipalities). JEL-codes: H72 H74 (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bas:econth:y:2002:i:5:p:3-26 Access Statistics for this article More articles in Economic Thought journal from Bulgarian Academy of Sciences - Economic Research Institute Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.