Theoretical Considerations On Local Budgets

Ionel Eduard Ionescu () and Cristian Constantin Oprea ()
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Ionel Eduard Ionescu: Faculty of Finance and Banking , Spiru Haret University of Bucharest, Romania
Cristian Constantin Oprea: Faculty of Finance and Banking , Spiru Haret University of Bucharest, Romania

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 1487-1492

Abstract: This paper provides an overview of local budgets, or otherwise highlights the importance of these tools - local budgets, in the financial autonomy mechanism. Local communities know better than central authorities, their possibilities of obtaining financial resources and needs on expenses for providing local partner services. All these resources and needs are identified in local budgets.

Keywords: budget; local budget; financial decentralization (search for similar items in EconPapers)
JEL-codes: H6 H61 H72 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:12:p:1487-1492

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