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Solutions available to influence local economic development in Romania

Ileana Velicu

MPRA Paper from University Library of Munich, Germany

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.

Keywords: bank loans; economic development; resources; local authorities (search for similar items in EconPapers)
JEL-codes: O18 (search for similar items in EconPapers)
Date: 2012-07-19
New Economics Papers: this item is included in nep-geo and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:40175

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