Solutions available to influence local economic development in Romania

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

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: bank loans; economic development; resources; local authorities
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O18 - Urban, Rural, Regional, and Transportation Analysis ; Housing ; Infrastructure

References

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Velicu, Ileana-Cosînzeana. "Efficient use of bank credit in local development", Economic Tribune no. 40/2011