Finansowe determinanty rozwoju Łęczycy

Abstract

The town of Łęczyca has a substantial potential for development, however launching of a large-scale investment activity lies beyond the financial capacity of the local authorities. Thus, the local authorities are forced to look for capital from the external sources and protect its interests by means of, for example, preferential shares. The most crucial objective at the moment is to restore to Łęczyca the status of the economic and institutional centre of the Łęczyca district. To this purpose it is first and foremost necessary to use all the local assets and economic potential. It is essential for the local authorities to create the local market whose development should be a driving force for the economy of Łęczyca.