Achievements and Problems in Implementing Innovations in Municipal Finance Cover Image

Achievements and Problems in Implementing Innovations in Municipal Finance
Achievements and Problems in Implementing Innovations in Municipal Finance

Author(s): Borislav Borisov
Subject(s): Economy, Business Economy / Management, Public Finances, Socio-Economic Research
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: public finance; innovation
Summary/Abstract: The topic of the relationship between science and practice has always been a subject of discussion, and in the absence of such, criticisms were directed either at the representatives of science, because their works are detached from real reality, or at the representatives of practice, because they do not follow and do not perceive the scientific achievements. This fully applies to the public sector, where declarations of modernization are constant, but the results are not always sufficient. This report asserts the thesis that in the field of public finances, and in particular those of municipalities, there are quite a few innovative developments that are successfully implemented in some of them, but still insufficient, making an attempt to reveal the reasons for this.

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