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The Sources of Regional Development Funding and the European Regional Development Fund

Maria Vaduva

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 1, 2264-2268

Abstract: To achieve the objectives of regional development, local collectivities must have financial resources. These resources come mainly from local taxes, from the revenues of their own activities, are thus, directly proportional to the volume of economic activity in the territory. Therefore, for the local collectivities a particular importance is the attracting of new businesses along with the development of the existing ones

Keywords: regional development; regional policy; social cohesion (search for similar items in EconPapers)
JEL-codes: R10 R11 R19 (search for similar items in EconPapers)
Date: 2011
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