This paper provides an overview of local budgets, or otherwise highlights the importance of these tools - local budgets, in the financial autonomy mechanism. Local communities know better than central authorities, their possibilities of obtaining financial resources and needs on expenses for...

The main banking operation is lending. Indeed, between banks investments at the first place are credits. For good credits bank have to be visible, especially at stock exchange. In the study of capital markets, the temptation of yield is a forecast great. Many studies and models have tried to...

In current economic conditions, in full financial crisis, many world state governments looked for external funding to cover budgetary deficits, fact that led to explosive external debt of these states. The state must accomplish its objectives. For overtaking each economic, industrial, cultural,...