ITI (INTEGRATED TERRITORIAL INVESTMENT) - A NEW TOOL FOR LOCAL DEVELOPMENT FINANCING IN THE PROGRAMMING PERIOD 2014-2020.

The integration of the territoriality principle in the programming period 2014 - 2020 has validated the emergence of local development tools dedicated exclusively to some clearly outlined areas. One of these tools is the ITI. Romania chose to dedicate such a tool in the Danube Delta region. The importance of the research is linked to present a clear image of the framework in which Romania will implement ITI. Identifying the financial allocations in every operational program, correlation between operational programs, projects which will be submitted, the differences between the values of the projects and allocation are representing a clear contribution of the author. The main outcome is that the paper is that is proving that there is a difference between the vision of the implementation of ITI presented by local actors and the programing documents in terms of allocations. The paper is providing a characterization and highlight, in a coherent manner, the risks arising from Romania's decision to use such a tool and implement ITI in the Danube Delta region. The paper in considering the full set of operational programs and the planning documents promoted by local actors dedicated to the implementation of ITI. [ABSTRACT FROM AUTHOR]