SYSTEMIC APPROACH TO THE FUNCTIONS OF PUBLIC FINANCES - A NECESSITY FOR THE ROMANIAN ECONOMY

Carmen Comaniciu and Liliana Bunescu

The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, 2010, vol. 10, issue 2(12), 235-241

Abstract: Normal development of social and economic activity requires overall management of the economy, coordination and synchronization of social and economic processes, under deepening complexity and diversity of these processes and the multiplication of the interdependencies between them. This article, emphasize the need for a systemic approach to public finance functions of Romania, having regard, on the one hand, action, relationship and mutual influence they have with economic and social phenomena and processes, and secondly, changes that may occur in relation to economic and social tasks of each stage. By adopting programs, governments want to achieve macroeconomic objectives relating to: economic development, the use of labor, labor productivity growth, price stability, increased purchasing power of currency, ensure budget balance, training and optimal allocation of public financial resources. Achieving these goals can be achieved only through proper use of tools, the public finance are considered most important. From general to particular, from theoretical to pragmatic issues, through this article, we try to emphasize, that only a pragmatic approach in systemic effect for functions of public finances will lead to remove negative effects arising from the sequential approach. Public finances are presented as a set of mechanisms for mobilization and allocation of resources, depending on objectives, considered of general interest. An appropriate action of the function of public finances, will cause an essential component of socio-economic life of any nation, respectively public finances.

Keywords: functions of public finances; allocation; distribution; stabilization; public revenue; public expenditure (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.seap.usv.ro/annals/arhiva/ANNALS%20vol. ... ,2010%20fulltext.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:scm:ausvfe:v:10:y:2010:i:2(12):p:228-234

Access Statistics for this article

The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration is currently edited by Editura Universitatii Stefan cel Mare din Suceava

More articles in The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration from "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by Liviu Scutariu ().