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Alternative Models Of Financing Regional Development

Author

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  • Cristina, GRADEA

    (University Bucharest, Romania)

Abstract

Public financing of infrastructure proved underperforming at uneconomic prices, and because of political interference in the management of funds, understanding the problem leading to the adoption of private funding variant, an effective way of private funding being the financing of the project. Project financing is a concept that assessed by means of financing a specific technique. In this context, those granting funds usually through loans typically are only interested in cash flows and project profit, which are a source of funds for repayment of loans; they are less interested in the creditworthiness of those employed in the project (organizations, governments, communities and so on). This approach has led to the emergence of new ways of financing projects, new types of projects, such as regional and rural development.

Suggested Citation

  • Cristina, GRADEA, 2013. "Alternative Models Of Financing Regional Development," Management Strategies Journal, Constantin Brancoveanu University, vol. 22(Special), pages 132-139.
    • Handle: RePEc:brc:journl:v:23:y:2013:i:s:p:132-139
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    More about this item

    Keywords

    alternative models; finance; regional ; development ; project;
    All these keywords.

    JEL classification:

    • G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation

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