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- Title
FINANCIAL ASPECTS OF DECENTRALISATION.
- Authors
Stoica, Emilia Cornelia; Stoica, Andrei Cristian
- Abstract
The objective of the decentralization process is better targeting of the financial resources, which translates into a lower tax price to financial cover the decentralized public services. In the current period, also in the European Union and in relations with other developed countries, there is an increasing mobility of people and economic activities. Wealthy individuals and firms are inclined to place their wealth or relocate their activities to lower taxation centers, while lower income people tend to move into communities benefiting more generous social transfers.
- Subjects
DELEGATION of authority; PUBLIC finance; MUNICIPAL services; TAXATION; COMMUNITIES; EUROPEAN Union
- Publication
LESIJ - Lex ET Scientia International Journal, 2011, Vol 18, Issue 1, p216
- ISSN
1583-039X
- Publication type
Article