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Regular version of the site

Article

Allocation problems of institutional support for regional development financing in Serbia

Actual Problems of Economics. 2012. Vol. 138. No. 12. P. 370-380.

Uneven regional development has been a very strong and growing problem of the Serbian economy. The paper includes the analysis of different institutional measures and incentives for even regional development financing, by beneficiaries and by implementers. Special attention has been paid to the allocation of institutional support by the Development Fund of the Republic of Serbia. The results of the analysis have proved that the allocation of institutional support is not carried out in compliance with the priorities, set for regional development. The conclusion is that, because of the strong uneven allocation problem, the instruments and measures of institutional financial support do not contribute to the harmonization of the regional development.