LOCAL FINANCIAL AUTONOMY AS A PREREQUISITE FOR IMPROVING THE PROVISION OF PUBLIC SERVICES AND GOODS: THE CASE OF THE REPUBLIC OF MOLDOVA

Local autonomy, which is a central characteristic of local public administration, has been increasingly valued over the past decades. At same time, autonomy administration (LPA) in Republic Moldova, including financial limited. The purpose this paper to formulate arguments favor need for fiscal decentralization assess finances through prism and prospects rationalizing finances. general conclusion stated by study that measures are meant improve LPAs cannot be initiated implemented an isolated way, without consistent strategic vision. Moreover, these avoid reform rational administrative-territorial structure Moldova. Market mechanisms, namely competition failure, help differentiate successful administrations from less ones, not yet sufficiently developed sector activity In conditions, author proposes use as criterion determining effectiveness Moldova ratio between budget revenues, excluding transfers deductions expenditures related provision services purpose. methodology used preparation includes following research tools: monographic research, comparative analysis, retrospective statistical simple regression. information base data provided National Bureau Statistics, Ministry Finance, Bank Eurostat databases, etc.