REGIONAL DECISION-MAKING CRITERIA: STRATEGIC INVESTMENT IN THE CENTRAL EUROPE

Oto Hudec, Ladislav SuhAnyi () and NataSa UrbanèikovA ()
Additional contact information
Ladislav SuhAnyi: preSov University, PreSov, Slovakia
NataSa UrbanèikovA: Technical University of KoSice, KoSice, Slovakia

Theoretical and Empirical Researches in Urban Management, 2014, vol. 9, issue 2, 104-117

Abstract: The strategic decision-making may be studied as a process which takes into consideration several criteria. Regionalisation of the accessing countries is one of the key conditions represented particularly with regard to so called Chapter 21 and it is the assumption of satisfactory regional administrative capacity for the European regional policy implementing. The Slovak Republic, Czech Republic and Hungary followed the requirements and realised the regionalisation administrative and financial procedures before their accession in 2004. However, there is an important question onhow the real processes of strategic decision making in implementing of the regional policy works at the regional level and what is the basis in a diverse national context. The article is aimed to study the importance of different criteria at the regional level, based on the empirical research done in most of the regional governments in three Central European countries to show their country specific differences. The most visible national difference in the evaluation of the factors exists in considering the assessment of the impact of investment projects on population. Consequently, the attitude to sources of funding has been analysed, comparing the importance of sources of funding for strategic investments. Although the general view would expect European funds as the most desired source in the Central European regions, the research has shown the combination of different level of national public sources as the most desirable part of the investment budget.

Keywords: regional development; decision making (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://um.ase.ro/no92/5.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rom:terumm:v:9:y:2014:i:2:p:104-117

Access Statistics for this article

Theoretical and Empirical Researches in Urban Management is currently edited by Colesca Sofia

More articles in Theoretical and Empirical Researches in Urban Management from Research Centre in Public Administration and Public Services, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Colesca Sofia ().