THE METHODS OF MEASURING THE EFFICIENCY OF THE PUBLIC FINANCE SECTOR
THE METHODS OF MEASURING THE EFFICIENCY OF THE PUBLIC FINANCE SECTOR

Summary/Abstract: The article analyzes the issues of efficiency, with special emphasis on measuring it in public sector units. The reason behind establishing units of the public finance sector is to satisfy the needs of the society, whereas the expenses paid to satisfy those needs are fi-nanced from public means. The measurement of the efficiency of such units is an im-portant element used for assessing the degree of accomplishment of public tasks. The article offers a review of the issue and attempts at characterizing selected efficiency measures used in the units of the public finance sector.

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