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Public resources represent a part of whole financialsystem
,which is formed:
Financial system
Public resources Private resources
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Public resources refers to the monetary resources which
are used by public authorities to the execution of public
sectors function in a determinated period of time.
The functionality of public sector Today, the public sector
activities are present in
tranzion economies,where it operate in parallel withprivate
sector.
An example in this sence may serve,even our country,RM and other
ex-socialiste countries .
But, the concept of liberal economy pleads for thereducement of
public activities and favor the privatesector.
Like in Germany,France,Italy and many other europenian countries
andnot only.
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+
In exceptional periods (like wars, revolutions ), for
obtainingadditional public revenue,State, appeals to national
wealth and to the
public property.
The main source of public
revenue is the:
GDPSome externalfinancial flowsas:Loans,
Donations
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The system of public financial resources is
determined by the structure of budgetary system of
the State. It includes the financial resources
materialized in :
The budget of the state
The budget of state social insurance
Local budgets
Special extrabudgetary funds Funds of public institutions and
enterprises with
public capital
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According with economic content ,financial resources are divided
in two big groups:
Taxes Loans
Social contibutions Comercial revenue fromcapital
Revenue from seles and
services
Payments from penalities
Grants
Public resources
Fiscalrevenues Non -fiscalperceipts
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Public financialresourcesinclude:
Resources ofcentral state
administration
Resources oflocal state
administration
Resources ofpublicenterprises
Resources ofthe state social
security
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Each group of this clasification has a certain structure:
Central state administration include:-taxes and fees
-non-fiscal revenues
-loans and other resources
Local state administration resources include:-transfers from
central budget
-local fees and taxes-non-fiscal revenues with local
charcter
-transfers from the state administration
-loans and other resources
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Resourcesof public enterpises include:-all resources
-resources from the budget
-borrowed capital
-Resources of the state social insurancesocial insurance
fees
alloction from the state budget
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Financial resources can be clasified by several criterias:
Financialresources based
on economiccontent
Resources with
obligatorycharacter
Tresuryresources
Resources fromloans
Financing by
issuing moneywithoutcoverage
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Classification offinancial resources by
periodics of itscollection
Ordinary(current) resources: income taxeState social
securitycontribution
Non-taxe revenueExise
Customs duty
Extraordinaryresources:
Internal andexternal loans
Grants and othertransfers from
abroadIssue of papermoney in the
paper money flow
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Classification ofpublic resourcesbased on origin:
Internal resourse:ChargesTaxes
Internal donationsDomestic loansIssue of papermoney
Externalresources
External loans fromforeign governmentsand otherinstitutions
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Factors that influence public resources:
Economic factors
Monetary factors
Social factors Demographic factors
Political and military factors
