Home  Journals  Finance and Credit  19(451) - 2011 May

Financial fundamentals of agglomerations

Available online: 14 May 2011

Subject Heading: Municipal finance

JEL Classification: 

The formation of agglomerations is an important mechanism of influence on the financial basis of municipalities. In this study the sources of funding for urban agglomerations are analyzed, the funding mechanism based on the current financing needs of municipalities and financing of investment projectsis is worked out. The conclusion is made out that partially to solve the problem of under-investment is possible through the implementation of inter-municipal investment projects. Priority should be given to projects that provide the greatest social and economic effects within the boundaries of the agglomeration.

Keywords: agglomeration, budget policy, funding mechanism, management

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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