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Regional Decision-Making Criteria: Strategic Investment In The Central Europe

Author

Listed:
  • Oto Hudec

    (Technical University of KoSice, KoSice, Slovakia)

  • Ladislav SuhAnyi

    (preSov University, PreSov, Slovakia)

  • NataSa UrbanèikovA

    (Technical University of KoSice, KoSice, Slovakia)

Abstract

The strategic decision-making may be studied as a process which takes into consideration several criteria. Regionalisation of the accessing countries is one of the key conditions represented particularly with regard to so called Chapter 21 and it is the assumption of satisfactory regional administrative capacity for the European regional policy implementing. The Slovak Republic, Czech Republic and Hungary followed the requirements and realised the regionalisation administrative and financial procedures before their accession in 2004. However, there is an important question onhow the real processes of strategic decision making in implementing of the regional policy works at the regional level and what is the basis in a diverse national context. The article is aimed to study the importance of different criteria at the regional level, based on the empirical research done in most of the regional governments in three Central European countries to show their country specific differences. The most visible national difference in the evaluation of the factors exists in considering the assessment of the impact of investment projects on population. Consequently, the attitude to sources of funding has been analysed, comparing the importance of sources of funding for strategic investments. Although the general view would expect European funds as the most desired source in the Central European regions, the research has shown the combination of different level of national public sources as the most desirable part of the investment budget.

Suggested Citation

  • Oto Hudec & Ladislav SuhAnyi & NataSa UrbanèikovA, 2014. "Regional Decision-Making Criteria: Strategic Investment In The Central Europe," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 9(2), pages 104-117, May.
    • Handle: RePEc:rom:terumm:v:9:y:2014:i:2:p:104-117
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