by Mihaiu, Diana Marieta
& Opreana, Alin & Cristescu, Marian Pompiliu
Published in Romanian Journal of Economic Forecasting, 2010, volume 13 issue 4, 132-147
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The current economic situation determined by the effects of the crisis is causing the
governments of the countries worldwide to streamline their processes in terms of
collecting revenue from the state budget and then redistributing it on the principle of
performance and economic efficiency. In this sense the comparative analysis of the
efficiency in the public and private sector is the starting point for studying the role of
efficiency, effectiveness and performance regarding the economic governance of
resources utilization by the public management for achieving medium and long-term
objectives of economic recovery and sustainable development of national economies.
Public sector performance score for UE countries (PSPUE), which represents the objective of the current work, aims to quantify and present the real situation in terms of public sector performance.
Keywords:public expenditure, efficiency, input, output, outcomes