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Public resources represent a part of whole financial system ,which is formed:

Financial system

Public resources

Private resources

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 with private sector.


An example in this sence may serve,even our country,RM and other exsocialiste countries .

But, the concept of liberal economy pleads for the

reducement of public activities and favor the private sector.


Like in Germany,France,Italy and many other europenian countries and not only.

The main source of public revenue is the:

GDP

Some external financial flows as:Loans, Donations

In exceptional periods (like wars, revolutions ), for obtaining additional public revenue,State, appeals to national wealth and to the public property.

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

According with economic content ,financial resources are divided in two big groups:

Public resources

Fiscal revenues

Non -fiscal perceipts

Taxes Social contibutions

Loans Comercial revenue from capital Revenue from seles and services Payments from penalities Grants

Resources of the state social security

Resources of central state administration

Public financial resources include:

Resources of public enterprises

Resources of local state administration

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

Resourcesof public enterpises include:


-all resources -resources from the budget -borrowed capital

-Resources of the state social insurance


social insurance fees alloction from the state budget

Financial resources can be clasified by several criterias: Financial resources based on economic content
Resources with obligatory character

Financing by issuing money without coverage

Resources from loans

Tresury resources

Classification of financial resources by periodics of its collection

Ordinary(curren t) resources:
income taxe State social security contribution Non-taxe revenue Exise Customs duty

Extraordinary resources:
Internal and external loans Grants and other transfers from abroad Issue of paper money in the paper money flow

Classification of public resources based on origin:

Internal resourse:
Charges Taxes Internal donations Domestic loans Issue of paper money

External resources
External loans from foreign governments and other institutions

Factors that influence public resources:


Economic factors
Monetary factors Social factors

Demographic factors
Political and military factors

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