Regional Development Funds: Creation Rationale and Models of Operation

Abstract

The purpose of the article is to present the creation of Regional Development Funds (Regionalne Fundusze Rozwoju - RFR) in Poland, their organisational models and factors influencing their development and choice of model. The research is also focused on the analysis of the variety of RFRs and their sources.

Keywords

• regional development
• financial instruments
• regional development funds
• regional financial institutions
• g23
• g28
• r10
• r11