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Title:Diagnosis converning the financial knowledge of Local Government Units (LGUs) PDF Logo
Authors:Skica, Tomasz
Wolowiec, Tomasz
Issue Date:2012
Citation:[Journal:] e-Finanse: Financial Internet Quarterly [ISSN:] 1734-039X [Volume:] 8 [Year:] 2012 [Issue:] 2 [Pages:] 69-75
Abstract:Systemic management of a local government unit lacks viewing the LGU as an economic entity which should actively use modern financial knowledge in its activity in order to stimulate active construction of an economic and social potential. It needs to stimulate processes of building in local government structures a financial knowledge based on a modernunderstanding of LGU finance while considering the new challenges in finance which have been revealed after the subprime crisis, complemented with practical concepts based on New Public Management. Considering the progressing reforms of the national public finance system and the resulting consequences for shaping the financial management of the LGUs, and also globalisation processes and the dynamic development of the financial services' market, it is natural to require managers of the local government subsector of public finance to have thorough financial knowledge current and interdisciplinary knowledge that would most importantly be reliable and practice-based.
local government units
knowledge transfer
Document Type:Article
Appears in Collections:e-Finanse: Financial Internet Quarterly

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