IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/7022.html
   My bibliography  Save this paper

Modeli financiranja regionalnog razvitka Istočne Hrvatske
[Models financing regional development of Eastern Croatia]

Author

Listed:
  • Matić, Branko
  • Serdarušić, Hrvoje

Abstract

The paper discusses the reasons for the low development level of Eastern Croatia, as well as possible ways of overcoming this situation. The revenues of local and regional self-government are frequently insufficient to finance development projects. Different characteristics of these fiscalities, such as permanent income and changes in managing this income can reduce the costs and result in more prudent and economical stewardship of local and regional authorities. This refers primarily to concentrating public resources in one commercial bank, which would establish a kind of partnership between the bank and the local community. The paper further examines the influence of ownership structure and bank's domicile on business policies of the banks operating in Eastern Croatia. The proposed changes together with new ways of financing, such as issuing securities, could generate new positive effects in financing regional development.

Suggested Citation

  • Matić, Branko & Serdarušić, Hrvoje, 2007. "Modeli financiranja regionalnog razvitka Istočne Hrvatske [Models financing regional development of Eastern Croatia]," MPRA Paper 7022, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:7022
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/7022/1/MPRA_paper_7022.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    regional development; financing; banks;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • G2 - Financial Economics - - Financial Institutions and Services
    • G3 - Financial Economics - - Corporate Finance and Governance

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:7022. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.