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Financing of Smart Growth in Less Developed Regions on the Example of Poland

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  • Murzyn Dorota

    (Instytut Prawa, Administracji i Ekonomii, Uniwersytet Pedagogiczny)

Abstract

The aim of this paper is twofold. First, the smart growth concept is examined with a focus on challenges associated with applying this concept in the less developed regions. Second, the impact of EU structural funds on smart growth in Poland is analyzed at the regional level with a view to contributing to the debate on public intervention in this area. The research questions are as follows: “Is the concept of smart growth, as postulated by the European Union, well suited to the less developed regions?” and “Whether and to what extent do EU funds contribute to achieving smart growth in Poland?”Smart growth has accelerated after 2007, which could suggest a significant impact of EU structural funds, whose allocation to measures supporting innovative activity rose markedly after 2007. However, among the various factors influencing regional development processes, the impact of structural funds was not as strong as might be expected, which was confirmed by further analysis.

Suggested Citation

  • Murzyn Dorota, 2018. "Financing of Smart Growth in Less Developed Regions on the Example of Poland," Financial Internet Quarterly (formerly e-Finanse), Sciendo, vol. 14(3), pages 8-20, September.
    • Handle: RePEc:vrs:finiqu:v:14:y:2018:i:3:p:8-20:n:4
    DOI: 10.2478/fiqf-2018-0016
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    References listed on IDEAS

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    More about this item

    Keywords

    smart growth; regional development; EU structural funds; Europe 2020;
    All these keywords.

    JEL classification:

    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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