THE IMPORTANCE OF FINANCIAL RESOURCES IN THE MODERNIZATION PROCESS OF THE ROMANIAN ARMY
THE IMPORTANCE OF FINANCIAL RESOURCES IN THE MODERNIZATION PROCESS OF THE ROMANIAN ARMY

Author(s): Dănuța Mădălina SCIPANOV
Subject(s): Politics / Political Sciences, Social Sciences, Economy
Published by: Carol I National Defence University Publishing House
Keywords: financial resources; defense spending; budgets.
Summary/Abstract: This article aims to present the importance of the role that financial resources have in carrying out the activity within the Ministry of National Defense, as well as the role of defense expenses in the modernization process of the Romanian Army. The institutional capacity of the Ministry of National Defense to implement policies, as well as the correlation of these policies with economic reform measures, depends to a great extent on the country's financial resources. The premise from which this approach starts is that in almost any field, financial resources are the pillar on which any project or institutional approach rests. Without any exception, financial resources represent the main resource without which the Army, as a benchmark institution of the state, cannot exist and function. Recruiting, training, equipping and remunerating the military, along with the projects of equipping the forces with adequate capabilities or the provision of material resources, including action activities such as participation in missions, require considerable financial funds that underline the importance of financial resources in the operation of the Ministry of National Defense. The novelty of this approach consists of the fact that it justifies the importance of financial resources in the modernization process of the Romanian Army

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