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Financing Of The Flood Defense In Dabuleni-Cetate Area

Author

Listed:
  • Dorin COSMA

    (West University of Timisoara, Romania)

  • Mihaela TRICULESCU

    (West University of Timisoara, Romania)

Abstract

Danube River Basin has been frequently affected by floods in the last decades which often gained historical meanings, the latest being recorded in 2006 and 2013. The material losses were very high and on the Cetate-Dabuleni sector of the Danube river, after the floods of 2006 the dikes have been damaged and partially destroyed. In the end the Rast locality was almost total relocated. Following these events, we need to rebuild the flood defense infrastructure in the Lower Danube, but after the first assessment the costs are very high. With this paper we propose the ways of funding the flood protection works on the Lower Danube, research being done on the Cetate-Dabuleni Danube's sector.

Suggested Citation

  • Dorin COSMA & Mihaela TRICULESCU, 2014. "Financing Of The Flood Defense In Dabuleni-Cetate Area," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 5, pages 643-648, November.
    • Handle: RePEc:cmj:seapas:y:2014:i:5:p:643-648
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    More about this item

    Keywords

    Dams; Finance; Danube; Floods;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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