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European Funds Management Analysis—A Case Study Of European Social Funds In Romania From 2007 To 2013

Author

Listed:
  • Tiberiu Foris

    (Transilvania University of Brasov, Romania)

  • Diana Foris

    (Transilvania University of Brasov, Romania)

Abstract

This article focuses on fund financing management of one of the utmost important European Union funds, the European Social Fund (ESF), and its implementation in Romania in its post adherence period (2007-2013). In this respect, the main aspects regarding the management and implementation of this program in Romania, as compared to other European countries, are analyzed taking into consideration the declared objectives at its launching moment. Through a defective management, these objectives have not reached their target, whereas the educational market of continuous adult education has been strongly distorted from the competitive point of view. Moreover, due to inadequate financial management, many of the involved agencies—private companies, schools, constitutive parts of the civil society, have gone bankrupted—the fact that would lead to a serious social imbalance.The research part of this article, being implied in the management of the most important strategic projects of this program (projects in qualifications for the spa tourism, agro-tourism, and food industry), presents a critical point of view on ESF management at a national level and highlights a set of proposals and recommendations, so that, between 2014 and 2020, Romania should be aligned with the European standards regarding the performance in implementing programs with non-reimbursable financing.

Suggested Citation

  • Tiberiu Foris & Diana Foris, 2014. "European Funds Management Analysis—A Case Study Of European Social Funds In Romania From 2007 To 2013," CBU International Conference Proceedings, ISE Research Institute, vol. 2(0), pages 142-146, July.
    • Handle: RePEc:aad:iseicj:v:2:y:2014:i:0:p:142-146
    DOI: 10.12955/cbup.v2.457
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    More about this item

    Keywords

    European social fundsmanagement; tourism; strategies; Life-long learning; Human Resources; Romania;
    All these keywords.

    JEL classification:

    • M53 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Training
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education

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