Potentials Of The EU Pre-Accession Assistance In Financing Of Local Economic And Infrastructure Development:Experiences Of Montenegro In MFF 2007-2013 Cover Image

Potentials Of The EU Pre-Accession Assistance In Financing Of Local Economic And Infrastructure Development:Experiences Of Montenegro In MFF 2007-2013
Potentials Of The EU Pre-Accession Assistance In Financing Of Local Economic And Infrastructure Development:Experiences Of Montenegro In MFF 2007-2013

Author(s): Gordana Đurović
Subject(s): Economy
Published by: Akademija Nauka i Umjetnosti Bosne i Hercegovine
Keywords: IPA; Infrastructure projects; Local development; Co-financing; Montenegro

Summary/Abstract: The main aim of the EU instrument for pre-accession assistance (IPA) is to support and assist the candidate countries and potential candidate countries in aligning with the Acquis Communautaire, democratic and economic reforms in countries including infrastructure development, strengthening of local economic development, institutional building including administrative and absorption capacities of local self-government, and improving of regional and cross-border cooperation. IPA support in MFF 2007–2013 will amount to some €11.46bn or €103 per capita in the beneficiary countries (Western Balkans, Turkey and Iceland). For Montenegro, the per capita levels of funding are higher than for the other countries, reflecting a minimum level of funding needed for building adequate central and local administrations, irrespective of the size of the country. Consequently, the EU became the biggest donor in the Western Balkans countries on annual basis.

  • Issue Year: 2013
  • Issue No: 1
  • Page Range: 343-364
  • Page Count: 21
  • Language: English