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SUSTAINABILITY OF LOCAL DECISIONS DURING FINANCIAL CRISIS

Florin Oprea () and Mihaela Onofrei ()
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Florin Oprea: Universitatea Al. I. Cuza Iasi
Mihaela Onofrei: Universitatea Al. I. Cuza Iasi

Proceedings of Administration and Public Management International Conference, 2010, vol. 6, issue 1, 246-257

Abstract: Defined by its administrative and financial content, local autonomy is expressed throughout local financial decisions thus, involving the financial management of local communities. These apparent unconditioned decisions are in fact deeply influenced by a complex of political, legal, economic, social and psychological factors. This paper aims to reveal how these very factors are influencing the optimal administration of local public finance that essentially supports the good governance of local communities. Based on these ideas, our paper tries to bring to light the most important premises and conditions that are influencing the involvement of local actors and local budgets in the management of local affairs, insisting on their importance in the context of the present crisis.

Keywords: local governments; financial management; good governance; financial crises. (search for similar items in EconPapers)
Date: 2010
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