Financial determinants of investment growth in territorial self-government units Cover Image

Determinanty finansowe wzrostu inwestycji jednostek samorządu terytorialnego
Financial determinants of investment growth in territorial self-government units

Author(s): Małgorzata Dworakowska
Subject(s): Politics, Social Sciences, Public Administration, Public Law, Public Finances
Published by: Szkoła Główna Handlowa w Warszawie
Keywords: territorial self-government units; investments; investment expenditure; own income; budgetary result; operating surplus

Summary/Abstract: Financial determinants related to the budgetary situation of territorial self-government units play the most important role among all the factors affecting the undertaking and conducting of investments by territorial units. Finances are a key element in functioning of territorial self-government units as well as the primary determinant of viability and success of any investment. The objective of this article is to present financial determinants associated with the budgetary situation of territorial self-government units in Poland and their effects on investment execution by these entities. Consequently, investment expenditure, own income, and budgetary result with particular attention to operating surplus have been characterized.

  • Issue Year: 8/2015
  • Issue No: 4
  • Page Range: 47-58
  • Page Count: 12
  • Language: English, Polish