COMPARATIVE ANALYSIS OF THE MANAGEMENT OF THE INTEGRATED TERRITORIAL INVESTMENTS (ITI): ROMANIA AND THE CZECH REPUBLIC

Constantin-Marius Profiroiu and Mirela CARAMAN (pufleanu)

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2019, vol. 13, issue 1, 256-273

Abstract: The new tools and innovative possibilities included in the Regulation for Cohesion Policy 2014-2020 are set to improve the efficiency of territorial development. The main purpose of this article is to prove that using these innovative tools, such as community led local development -CLLD or integrated territorial investments – ITI, were attractive for the EU Member States, as the majority implement these mechanisms, applying a different scenario of functioning. Taking into consideration the particularities of each region, the member states applied one of the documented scenarios in implementing the ITI: scenario 1 Metropolis X; scenario 2 sub-region Z; scenario 3 District Y: a deprived urban area; scenario 4 Twin cities. Based on these options, we tried to analyzed the way of implementing the ITI in Romania and the Czech Republic. Comparing the strategy process of the ITI, choosing the territory and the funds, establishing the implementing mechanism, advantages and disadvantages of each scenario, we reached a conclusion. We cannot state that a certain model is the best model to be used, but we could affirm that using these tools represented a real benefit for the both Member State. Disregarding the casual setbacks in implementing the ITI in Romania and the Czech Republic, we consider the using these mechanisms during the next programming period as a recommendation, with certain changes in the way of implementing it, meaning a larger flexibility in programming, a simplification of the EU Regulations. Also, the need of focusing of developing the administrative capacity of the personnel involved is noticeable.

Keywords: advantages and disadvantages; integrated territorial investments; scenario of implementation (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:13:y:2019:i:1:p:256-273

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