Unbalanced regional development is mayor obstacle to general advancement and prosperity of the European Union. Object … of research is significance and role of financial sources as main factor that determine the development. The authors … analyzes the financing models for polycentric balanced development through grant’s and donations. …

The paper discusses the reasons for the low development level of Eastern Croatia, as well as possible ways of … overcoming this situation. The revenues of local and regional self-government are frequently insufficient to finance development … securities, could generate new positive effects in financing regional development. …