THE EVOLUTION AND FUNCTIONS OF PUBLIC FINANCE

Isabela Stancea ()
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Isabela Stancea: ”Constantin Brâncoveanu” University of Pite?ti, Romania

Contemporary Economy Journal, 2017, vol. 2, issue 4, 59-63

Abstract: Public finances are a very important part of economic and social life and political conditions in each country, both in terms of its importance to the national economy and on functions that must meet state required for driving socio-economic and administrative and ensure the independence and sovereignty of the people. Public finances have evolved and diversified the social order to another and even within the same order, from one stage to another, so today we speak of public and private finances, a sizing of public expenditure in depending on their destination.

Keywords: public expenditure; loans; gross domestic product (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:brc:brccej:v:2:y:2017:i:4:p:59-63

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