Theoretical and Applied Economics
No. 2 / 2015 (603), Summer
Instruments and practices concerning the absorption and use of structural and cohesion funds in Romania
National University of Political Studies and Public Administration, Romania
Carmen SĂVULESCU
National University of Political Studies and Public Administration, Romania
Abstract. In view to improve the competitiveness and economic growth as well as to diminish the gaps between Romania and the EU developed states, the Structural and Cohesion Funds represent an outstanding source of investment.
The operationalisation of the structural instruments is paramount for a sustainable socioeconomic development.
After Romania joined the European Union, during the programming period 2007-2013, Romania has been allocated approximately 19.21 billion euro from Structural and Cohesion Funds and Romania’s contribution (including private sources) to complement the EU investments was forecasted to reach at least 5.6 billion euro.
The absorption of Structural and Cohesion Funds has represented one of the major priorities of the Government of Romania since the approval of the Operational Programmes, Romania being among the first Member States whose Operational Programmes were approved by the European Commission. The difficulties faced since the very beginning of implementation have overlapped with the effects of the economic and financial crisis, thus the absorption rate was under the previous expectations. The management authorities and the beneficiaries have also faced multiple and complex problems.
The current paper aims to present the institutional mechanisms, instruments and practices for the absorption and use of structural funds in Romania, focusing on the main problems and challenges during the implementation process.
Keywords: absorption capacity, Structural Funds, instrument.
Contents
- Instruments and practices concerning the absorption
and use of structural and cohesion funds in Romania
Ani MATEI
Carmen SĂVULESCU
- Exports – trends and impacts
on Romania’s economic growth process
Anca Maria GHERMAN
George ȘTEFAN
- Innovation and regional performance in Romania
Anca DACHIN
Constantin POSTOIU
- A multidisciplinary approach of communication
Delia Mioara POPESCU
Ion PÂRGARU
Constanța POPESCU
Daniel MIHAI
- The issue of “true” money in front of the BitCoin's offensive
Angela ROGOJANU
Liana BADEA
- Public choice and the social beneficiary
Mariana IOVIȚU
Florina BRAN
- Stock market – economy growth nexus
in an emerging country. The case of Romania
Delia-Elena DIACONAŞU
- Determinants of savings in the APEC countries
Kivanç Halil ARIÇ
- The status of Romanian agriculture
and some measures to take
Mirela Ionela ACELEANU
Anca Gabriela MOLĂNESCU
Liliana CRĂCIUN
Cristina VOICU
- Education and society: an institutional approach
Marius-Cristian PANĂ
- Financial audit – feckless for economic re-launch
Elena DOBRE
Laura BRAD
- Empirical evidence
on the Ricardian equivalence in Romania
Daniel BELINGHER
Nicolae MOROIANU
- Minimum wage – labour market rigidity factor
Andreea Claudia ȘERBAN
Mirela Ionela ACELEANU
- Regional convergence. Case of Romania
Elena Raluca MOISESCU (DUICAN)
- The exchange rate volatility in the Central
and Eastern European Countries
Bogdan Andrei DUMITRESCU
Silvia Maria ROȘCA
- A study of the impossible trinity in Romania
Bogdan BĂDESCU
- Governance process improvement
and development by audit consolitation
Adelina DUMITRESCU PECULEA
- Analysis of the evolution of foreign direct investment
in the European Union, amid the global economic crisis
Marinela GEAMĂNU
- The use of behavioral economics
in promoting public policy
Alina Maria NEAȚU
- New paradigms imposed by the global financial crisis
Ioana Andrada MOLDOVAN (GAVRIL)
- Are financial audit elements and corporate governance policies
solutions for the economic crisis?
Florin DOBRE
- The kids are alright?
A note on parental satisfaction in Germany
Stephan HUMPERT
- Technological revolution, labor markets and income distribution
in the knowledge economy
Ioana Cristina FLORESCU