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ITI (Integrated Territorial Investment) - A New Tool for Local Development Financing in the Programming Period 2014-2020

Author

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  • Georgiana Raluca Ladaru

    (The Bucharest University of Economic Studies, Romania)

  • Florian Marin

    (The Bucharest University of Economic Studies, Romania)

Abstract

The integration of the territoriality principle in the programming period 2014-2020 has validated the emergence of local development tools dedicated exclusively to some clearly outlined areas. One of these tools is the ITI. Romania chose to dedicate such a tool in the Danube Delta region. The importance of the research is linked to present a clear image of the framework in which Romania will implement ITI. Identifying the financial allocations in every operational program, correlation between operational programs, projects which will be submitted, the differences between the values of the projects and allocation are representing a clear contribution of the author. The main outcome is that the paper is that is proving that there is a difference between the vision of the implementation of ITI presented by local actors and the programming documents in terms of allocations. The paper is providing a characterization and highlighting, in a coherent way, the risks arising from Romania's decision to use such a tool and implement ITI in the Danube Delta region. The paper in considering the full set of operational programs and the planning documents promoted by local actors dedicated to the implementation of ITI.

Suggested Citation

  • Georgiana Raluca Ladaru & Florian Marin, 2016. "ITI (Integrated Territorial Investment) - A New Tool for Local Development Financing in the Programming Period 2014-2020," International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, The Bucharest University of Economic Studies, vol. 5, pages 149-157.
    • Handle: RePEc:aes:icafee:v:5:y:2016:p:149-157
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    References listed on IDEAS

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    1. Martin, Ron, 1999. "The New 'Geographical Turn' in Economics: Some Critical Reflections," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 23(1), pages 65-91, January.
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    Cited by:

    1. Laura-Delia ANGHELUTA & Silvius STANCIU, 2020. "Integrated Territorial Investments - Current and Future Solutions for Sustainable Development," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 200-206.
    2. Mihaela PACESILA & Sofia-Elena COLESCA & Ruxandra-Irina POPESCU, 2022. "Toward Sustainable Development Through The Integrated Territorial Investments. An Overview Of The Literature In The Field," APPLIED RESEARCH IN ADMINISTRATIVE SCIENCES, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 3(3), pages 32-44, December.

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