Munich Personal RePEc Archive

Solutions available to influence local economic development in Romania

Velicu, Ileana (2012): Solutions available to influence local economic development in Romania.

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Abstract

In this paper, the need for financing through a bank loan is analyzed by integrating the resources in the causal chain: bank loan - jobs - consumption - taxes - local revenues - new sources of investment - local development. Bank credit is presented as an equally available resource for different "actors" of the local community - individuals, businesses agents and local authorities.

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