Financing resources available for local economic development

Ileana-Cosînzeana VELICU

Abstract


This paper reveals that domestic credit is becoming more involved in local economic development, even if it is considered an expensive resource. The loans are presented as a resource available for various “actors” of the local community – individuals, business agents and local authorities.
 


Keywords


development funds, municipal bonds, public-private partnership, bank loans, economic development, resources, local authorities

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