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Theoretical and Applied Economics
No. 8 / 2006 (503)

Investment Process in Territorial Government Sectors

Costantin Roman
Aureliana Geta Roman
Cleopatra Sendroiu
Academia de Studii Economice Bucuresti

Abstract. The increase in the quality of the public administration act represents one of the major targets for the local authorities. From this point of view, the identification and implementation in the current practice of some methods, techniques and advanced working tools might have a significant impact.The investments’ programme as a tool accessible to local public authorities gains an increased legitimacy on the grounds of its civic consent; therefore, the external investors and other potential investors can take advantage of the community’s support in those projects they finance within region.The current framework of the investment activity in the local public sector is characterized by constraints within action, sometimes without continuity or precise targets. The declared urgency of a certain investment objective mostly turns out to be the selection and implementation criterion. In this present work there will be presented a few methods and ways in which town halls can realize public investments in the near future. The adoption of a specific proposal might lead to procedural and organizational modifications for the attainment of the maximum efficiency within the investment process.

Keywords: investments’ programme; public administration act; local public authorities; community; investment process; efficiency.

Contents

Mediocritatea critica
Marin Dinu
1

Sustainable development at tax-deductible costs or how to assure sustainable development by one’s way of living

Willem Adrianus de Bruijn

2

New Informatization Strategy in the Romanian Research and Educational System

Ion Ivan

3

Issues of Performance Analysis – A Critical Approach in the Context of Information and Corporate Governance Theories

Vasile Robu · Raluca Sandu

4

Economic Transformation of European Union in the Context of Kondratieff Cycles

Marin Dinu · Marius Marinas

5

Succes on the International Market Depends on Brand Strategy

Victor Danciu

6

Indicators System for Poverty Measurement

Constantin Anghelache · Alexandru Isaic-Maniu · Constantin Mitrut · Vergil Voineagu

7

Corporate Governance, Essential Lever of the Policy for Stockholders Wealth Maximization and its Contemporary Complements

Niculae Feleaga · Liliana Feleaga

8

The European Model: Economic Growth, Convergence and Cohesion

Cristian Socol · Aura Socol

9

Investment Process in Territorial Government Sectors

Costantin Roman · Aureliana Geta Roman · Cleopatra Sendroiu

10

Market and Money: Economic Instruments of Political Europe

Iulian Brasoveanu · Florina Pînzaru

11

Intangible Assets – Important Resources for Performant Enterprise Gestion

Corina Grosu · Alina Almasan

12

Impact of Exchange Rate Fluctuation to the Romanian Foreign Currency Reserve

Lavinia Diana Vasile

13

Labour Force Migration Effects within European Union

Carmen Mihaela Tudorache

14

The Number of Human Population, a Statistical and Economical Synthesis of Alternative Evolution towards Demographical Explosion or Implosion

Gheorghe Savoiu