LEI DE RESPONSABILIDADE FISCAL EM UMA DIMENSÃO NORMATIVA: UM ESTUDO PRELIMINAR SOBRE ECONOMIAS PERIFÉRICAS A EXEMPLO DO RIO GRANDE DO NORTE, NO PERÍODO DE 1997/2006

Abstract

The present paper aims to examine the institutional implications of the Fiscal Responsibility Law (FRL) over the economy of the state of Rio Grande do Norte – RN (state in the north of Brazil), focusing the influence of this law over the regulation of the potiguar (name given to those born in that state) public accounts, enabling the balance in the fiscal management and the achievement of a stable and sustainable economical growth. The hypothesis of this research reflects the effects of the already mentioned institution in relation to the state public finances, which promotes the existence of balancing tendencies, as well as a long term economical sustainability. It's used for the study a review of institutionalist literature associated to the use of descriptive statistical tools, which allow us to measure the potiguar economical behavior from 1997 through 2006. At last, it's been observed that the advent of the LRF starts to regulate in a more appropriate way the public accounts of the RN, resulting in the occurrence of balancing evidences and in a sustainable economical growth in the time under discussion. Key-Words: Institutions; LRF; RN.