TAX ASSIGNMENT INFLUENCE ON BUDGETARY SYSTEM

The public budget seen as a balance for revenues and expenditures but also as the main financial instrument of governmental policies, does not reflects simply data, numbers or amounts of income or expenditure. The budget also reflects judgments on criteritax assignment, fiscal decentralization, budgetary systems, financial autonomy

SUSTAINABILITY OF LOCAL DECISIONS DURING FINANCIAL CRISIS

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.local governments, financial management, good governance, financial crises.

THE LEGAL INDEBTEDNESS CAPACITY OF ROMANIAN LOCAL GOVERNMENTS - THEORETICAL AND EMPIRICAL EVIDENCES

The factual, not only formal capacity of local governments to appeal to borrowed resources is, considering the current conditions, a prerequisite for ensuring economic and social development of local communities. In this paper we intend to position the main theoretical and empirical evidences on local governments' indebtedness capacity, mainly focusing on its sizing according to Romanian regulatory framework. With respect to previous research, the issue approached is one of great interest as it has not been, in the Romanian literature on local public finances, subject to a separate analysis of proportions. The undertaken analysis comprises a quantitative dimension, based on processed data from the consolidated general budget of Romanian local governments for 2007-2009, in permanent conjunction with monitoring and analysis of the involved qualitative aspects. To ensure the relevance of the research results, the analysis undertaken refers to the legal framework in function throughout the considered period of time, without involving the legislative changes operated in mid-2010. The main conclusions drawn from our analysis indicate that, considering the current Romanian socio-economic environment, under the impact of specific factors of different nature, the legal indebtedness capacity is far from being well valued, thus bringing its benefits to local communities development. This conclusion is valid from a global perspective as well as for different types of local communities. This appears to be inconsistent with the permanently claimed need to fund important local public investments, mainly in infrastructure, indicating, despite the high legal indebtedness capacity, the lack of factual access to borrowed resources. We suggest, therefore, to introduce the concept of effective indebtedness capacity, the result of a particularized correlation for different local governments between legal indebtedness capacity and the manifestation of several factors with specific action and we intend to contribute, by future research, to its measurement.legal indebtedness capacity, effective indebtedness capacity, local governments, local public debt, local autonomy

CONSIDERATIONS REGARDING THE DATA SUPPLIED BY THE MANAGERIAL ACCOUNTING AND COST CALCULATION IN RELATION TO THE MANAGEMENT OF THE CONSTRUCTION-MOUNTING - INSTALLATION ENTERPRISES

The production cost is the synthetic indicator for the use of production factors in order to manufacture a product, for work execution purposes or service rendering. The costs are surveyed on a micro and macroeconomic level, bearing a considerable importance in managerial decision making. The management applied on an economical entity (enterprise) uses internal information as well as data provided by the internal and international environment. This information is used in managerial decision making as well as in the execution process that will finalise the proposed objectives. In the construction-mounting and installation units the informing activity is set as the basis for management and execution processes. It can be stated that information is one of the most valuable resources in the economic unit, together with the unit’s material, financial and human resources. The data supplied for the construction-mounting units is sent and thus used by means of an information system conceived and adapted to suit each and every economic entity.construction, accounting, production,information

PUBLIC EXPENDITURE POLICY IN THE CONTEXT OF ECONOMIC CRISIS - CHALLENGES AND IMPLICATIONS

Public spending is a key component for both public finances and government financial policy. In this situation, government expenditures are made in direct relation with the results of governance with economic and financial crises and global social welfare of the nation. From this perspective, our article aims to highlight the correlation between public expenditure and budgetary financial and economic crisis and, also, state government responses, anticipating their impact on medium and long term. Also, in the context of the crisis and the concomitent lack of public revenue, we identify the pillars on which to base the budget reduction in public expenditure. The implications of the economic crisis in Romania are analyzed along with proposed measures to be followed by the Government through budgetary fiscal strategy. In relation to the purpose and objectives of the research, documentation was made both in terms of bibliographic resources and the plan of legislative documents and quantitative reporting. We believe that the issue of increasing allocative efficiency of resources is vital to counter the current crisis, but also to maximize the positive effects of public interventions in general and from another state, we consider that state and, consequently, public expenditure budget which should be used to replace the market, can not be regarded as some suggest to be founded and we suggest a line for developed countries. This work was supported by the grant “Post-doctoral studies in Economics: program for continuous forming of elite researchers â€" SPODEâ€, contract POSDRU/89/1.5/S/61755, project financed by the European Social Fund, by the Operational Sectorial Program Development of Human Resources 2007-2013.public expenditures, public debt, tax strategies, economic crises

Considerations regarding the data supplied by the managerial accounting and cost calculation in relation to the management of the construction-mounting - installation enterprises

The production cost is the synthetic indicator for the use of production factors in order to manufacture a product, for work execution purposes or service rendering. The costs are surveyed on a micro and macroeconomic level, bearing a considerable importance in managerial decision making. The management applied on an economical entity (enterprise) uses internal information as well as data provided by the internal and international environment. This information is used in managerial decision making as well as in the execution process that will finalise the proposed objectives. In the construction-mounting and installation units the informing activity is set as the basis for management and execution processes. It can be stated that information is one of the most valuable resources in the economic unit, together with the unit’s material, financial and human resources. The data supplied for the construction-mounting units is sent and thus used by means of an information system conceived and adapted to suit each and every economic entity

Analysis of Main Social Indicators Developments Regarding Labour Market in 2007-2009 in Romania

Labor markets at international level, European and equally in Romania, registered in terms of globalization, European integration and the global financial crisis, many transformations while maintaining sustainable competitiveness, new challenges and major risks for the viability of social protection systems. Thus, must be considered: the dynamics of employment rates, occurrence or loss of paid employment, more flexible occupational system, motivational payment, development of new skills for new jobs, promote a professional and geographical mobility, all having major implications for social protection functionality, now and especially in the future. Employment and human capital management in Romania, extends far beyond the actual policies of the labor market, because the employment policy of Romania must be formed in a component of national growth and development strategy, adapted to employment policies of the European Union, globalization of economies, in the context of the current financial crisis.employment, globalization, global financial crisis, unemployment, wages, pensions, employment rate, professional skills, occupational system

METHOD OF DETERMINING THE DEGREE OF AUTONOMY OF THE ADMINISTRATIVE-TERRITORIAL UNITS

Local autonomy is increasing as importance in the current context of the European Union. The paper aims to analyze, from such a perspective, the degree of local autonomy in European Union countries. In this regard I will propose a synthetic indicator measuring the degree of local autonomy calculated as a weighted average score based on a set of relevant quantitative and qualitative indicators of local autonomy existing in the literature whose representation in the group of indicators will be measured by a coefficient of importance. To each indicator as component of synthesis indicator will determine the field of variation and the average score obtained will be placed in classes of local autonomy defined in the assumptions made by science administration. We estimate the analysis to confirm the hypothesis that countries from European Union have differences of the degree of local autonomy between them. We consider that the paper can be a useful viewpoint in understanding the degree of local autonomy of European Union, which allows researchers to include other sources of information for researching an in a much more complex approach