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The main goal of this paper is to establish grounds for a more efficient   development of local communities taking into consideration their entire   former development characterized by a pronounced polarization and territorial   inequality of development exhibited among them in extreme proportions. In   view of the insufficient and inadequate decentralization performed without a   specific concept in the past, the authors aim to analyze the state of the   local infrastructure within the framework of territorial organization offered   by the latest regulations, as well as estimate the goals set in the last   couple of years by the support programs related to the development of local   infrastructure provided by the international institutions. The authors have a   similar goal in that sense to provide sufficient argumentation for a quality   distribution of local infrastructure and, accordingly, more efficient local   development as a prerequisite for a more uniform regional development,   especially in rural areas

Supporting local economic development by infrastructure debt financing in the Republic of Serbia