The Ways of Using Foreign Experience of Intermunicipal Investment Cooperation
The content and nature of intermunicipal investment cooperation (IMIC) are disclosed in the article. The aim of the article is to study the foreign experience of intermunicipal investment cooperation with a view to further introduction of local self-government into domestic practice. By analyzing an...
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| Format: | Article |
| Language: | English |
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PH "INZHEK"
2018-03-01
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| Series: | Problemi Ekonomiki |
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| Online Access: | http://www.problecon.com/export_pdf/problems-of-economy-2018-1_0-pages-15_21.pdf |
| Summary: | The content and nature of intermunicipal investment cooperation (IMIC) are disclosed in the article. The aim of the article is to study the foreign experience of intermunicipal investment cooperation with a view to further introduction of local self-government into domestic practice. By analyzing and summarizing the scientific works of many scientists, in which the general experience and mechanism of intermunicipal cooperation is considered, the main features of the reasons for the existence and promotion of intermunicipal investment cooperation are revealed. Some foreign practices of the existence of intermunicipal investment cooperation are analyzed. There made a critical analysis regarding the forms of implementation of such cooperation. Features of the mechanism of functioning of various models of such cooperation are revealed. It is substantiated that the intermunicipal investment IMIC is not a fairly common practice and direction of cooperation between territorial communities and their government bodies. The legislation of most of the analyzed countries does not establish clear rules that would administer or regulate IMIC to an extent required by the practice of territorial management and development of territories. It is determined that a large number of forms, models and methods of implementing IMIC, despite even a certain rarity of their application, attests to the most important characteristic feature of it. It is stated that the following forms of IMIC should be considered as the most effective with regard to domestic practice of organization of local self-government and financial flows: establishment of a separate intermunicipal institution (body) authorized to manage or regulate the implementation of investment processes and administration of investment processes by concluding an administrative agreement.
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| ISSN: | 2222-0712 2311-1186 |