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Annals <strong>of</strong> <strong>the</strong> University <strong>of</strong> Petroşani, Economics, 11(1), 2011, 43-50 43 MITIGATION OF THE CRISIS EFFECTS IN PUBLIC AUTHORITIES AND INSTITUTIONS FROM COUNTY GORJ CONSTANTIN CĂRUNTU, MIHAELA LOREDANA LĂPĂDUŞI ∗ ABSTRACT: The economic crisis that is still present, both locally and nationally, has produced and will certainly cause fur<strong>the</strong>r financial disruptions at both micro and macro level. Economic crisis, global phenomenon affecting structurally <strong>the</strong> Romanian economy, requires exceptional measures, which, through <strong>the</strong>ir efficiency and timeliness <strong>of</strong> application, lead to reducing its effects and to create premises for national economic revival. Any public institution may face a crisis, able to endanger its normal operation and reputation from in a <strong>part</strong>icular community. Some crises are predictable and preventable or o<strong>the</strong>rs can not be suspected or can not be anticipated correctly. This study is done in order to grasp how <strong>the</strong> economic crisis has reshaped <strong>the</strong> public sector in Gorj County and to syn<strong>the</strong>size <strong>the</strong> strategies <strong>of</strong> mitigating <strong>the</strong> effects proposed by <strong>the</strong> pr<strong>of</strong>essionals working in <strong>the</strong> field. Also <strong>the</strong> article gives a holder so that <strong>the</strong> <strong>part</strong>icipants in <strong>the</strong> process <strong>of</strong> developing mitigation measures for public authorities and institutions crisis in <strong>the</strong> county can benefit from an objective source, containing information relevant to <strong>the</strong> identification <strong>of</strong> major effects and priorities. KEY WORDS: economic and financial crisis; objective; strategies; crisis effects; economic development. JEL CLASIFICATION: H83; G01. 1. INTRODUCTION Crises are complex phenomena that may affect ei<strong>the</strong>r <strong>the</strong> whole social system or certain <strong>part</strong>s <strong>of</strong> it (<strong>the</strong> economic, political, international relations, banking sector, social structure, educational institutions and culture, etc.). Consequently, <strong>the</strong>y have ∗ Pr<strong>of</strong>., Ph.D., „Constantin Brâncuşi” University <strong>of</strong> Tg.-Jiu, Romania, caruntu_ctin@yahoo.com Lecturer, Ph.D., “Constantin Brâncuşi” University <strong>of</strong> Tg.-Jiu, Romania, loredana@utgjiu.ro