Economic Efficiency of Selected Financial System Institutions of Local Government

Journal Title: Prawo Budżetowe Państwa i Samorządu - Year 2014, Vol 2, Issue 1

Abstract

Functioning of local government units, as for as the economic sphere is concerned, is based on the financial law regulations. Those regulations aim at solving economic and social problems. The analysis of economic efficiency concerning implemented regulations is of particular importance for changing the EU’s attitude towards the influence, which EU has on functioning of the local governments. Implementing the local budgets, based on regulations which economic efficiency hasn’t been evaluated on the stage of legislation, may have a negative impact on local community and the economic situation of the country. Frequent changes of financial law cause actions, which financial effects cannot be predicted. What is more, those unstable regulations make it impossible to plan essential parts of a budget in a right way. That has a great importance in terms of correctness of long-term financial perspectives of the local government units.

Authors and Affiliations

Urszula Rabiej

Keywords

Related Articles

Village Fund in the Light of New Regulations

The article analyses legal conditionality particular form of participatory budgeting which is village fund. His five-year term of office gave rise to a positive evaluation of the project and to make specific legislative...

The Grant Agreement as an Example of the Concept of the Government’s Contract – the analysis of Polish and Foreign Regulations

Contracts made by the Polish government were widely commented by Polish administrative law scholars. Nevertheless, these contracts have not been regulated and standardized by law as yet. Models of regulations in this are...

Citizens’ Participation in Planning Local Self–Government Expenditures on the Example of the Participatory Budget of the City of Torun in 2013 and 2014

The idea of so-called participatory budget was brought into effect for the first time twenty five years ago in the Brazilian city of Porto Alegre. In the short time participatory budget gained a great popularity, spreadi...

The model of the protection of rights concerning financial institutions and their clients in the field of the EU financial supervision

The purpose of this article is to consider the EU system of protection of rights of a broadly understood financial institutions and users of financial services. A comprehensive description of client protection would cons...

Download PDF file
  • EP ID EP193129
  • DOI 10.12775/PBPS.2014.010
  • Views 89
  • Downloads 0

How To Cite

Urszula Rabiej (2014). Economic Efficiency of Selected Financial System Institutions of Local Government. Prawo Budżetowe Państwa i Samorządu, 2(1), 173-194. https://europub.co.uk/articles/-A-193129