Investment Activity of Selfgovernment Units and the Sources of Its Financing

• Authors: Alinska A.
• Languages of publication: PL

Abstracts

EN

The implementation of investment activity of the territorial selfgovernment units in Poland encounters many obstacles and difficulties, among which the most significant is the fact of limited own resources of moneymeans which can be assigned for this purpose by the local selfgovernments. This causes a systematic limitation of the number and scope of implemented investment enterprises, especially in the scope of the infrastructure. The use of hitherto traditional methods and instruments of financing investment activity in the form of bank credits, loans and the emission of communal obligations encounters many formal, legal and organizational limitations, and also comprises a source of generating additional costs. Hence there appear proposals of considering the possibility of implementing investment enterprises in the form of public - private enterprises. However their full implementation in Poland requires the introducing of considerable legal-organizational changes in such a scope so as to eliminate the dangers and disadvantageous effects and to concentrate mainly on the positive aspects of using this form of financing investment activity.

Keywords

EN

INVESTMENT ACTIVITY; INVESTMENT FINANCING

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Uniwersytet Warszawski. Wydział Nauk Ekonomicznych
• Journal: Ekonomia. Rynek, Gospodarka, Społeczeństwo
• Year: 2003
• Issue: 10
• Pages: 89-97
• Document type: ARTICLE

Contributors

author

Alinska A.

• A. Alinska, Szkola Glowna Handlowa, Katedra Skarbowosci, al. Niepodleglosci 162, 02-554 Warszawa, Poland

Identifiers

CEJSH db identifier

05PLAAAA0024523