IMPACT OF STATE TREASURY OPERATIONS ON THE SAFETY OF THE BUSINESS COMMUNITY
Laurentiu Andrei ()
Proceedings of Administration and Public Management International Conference, 2019, vol. 15, issue 1, 85-92
Abstract:
As a continuance of the series of articles opened with the examination and analysis of the evolution of government liquidities, the paper at hand proposes a theory on treasury operations and how they operate in the economic landscape. This paper is an abstracting which seeks to illustrate causal and related links that innovation exercises on government flows, the relationship between the innovative management tools of government liquidities and the need to optimize the financial structure of the State Treasury. From this perspective, the paper tries to offer an improved understanding of the need to optimize the management tools from the perspective of a permanent aligning to the technological innovations of the financial ecosystem, so that a “correct dosing of government flows through injections and/or absorptions of liquidity corroborated with proactive management of the resources mobilized on different currencies, budget sections, territorial units, etc., should allow operational cost reductions, once with a beneficial choice of defining channels: economic and financial channels. As author, I am aware that it might be seen, by a regrettable mistake, as the “sheriff of Nottingham, an important figure in the legend of Robin Hood. But, no. Of course not. But I must emphasize that the sheriff of Nottingham is abstractly represented in the article by the “activity delegated to the treasury, while I present today the perspective of adopting innovative technologies for the role of State treasurer. Most certainly, what is today innovative in the financial field is merely the top of an iceberg and there will be so many colleagues that will share through their approach the impact of innovation on the need to optimize public treasury flows.
Keywords: innovation; technology; optimization; forecast; prognosis; treasury; collections; payments. (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:rom:compca:v:15:y:2019:i:1:p:85-92
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