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Solutions available to influence local economic development in Romania

Author

Listed:
  • Velicu, Ileana

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.

Suggested Citation

  • Velicu, Ileana, 2012. "Solutions available to influence local economic development in Romania," MPRA Paper 40175, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:40175
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    File URL: https://mpra.ub.uni-muenchen.de/40175/1/MPRA_paper_40175.pdf
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    More about this item

    Keywords

    bank loans; economic development; resources; local authorities;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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