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The analysis of absorption rate of structural funds for the 2007-2013 programming period. The case of Romania

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Listed:
  • Georgiana Raluca Ladaru

    (Faculty of Agro-Food and Environmental Economics, The Bucharest University of Economic Studies, Romania)

  • Maria Cristina Padure

    (Faculty of Agro-Food and Environmental Economics, The Bucharest University of Economic Studies, Romania)

  • Eugen Prioteasa

    (Faculty of Agro-Food and Environmental Economics, The Bucharest University of Economic Studies, Romania)

Abstract

This paper focuses on EU structural funds assistance to Romania during the 2007–2013 program period and provides an overview of Romania’s absorption. The EU funds allocated to Romania under cohesion policy during the 2007-2013 programming period are significant, respectively around 19,23 billion Eur. The financial allocation of structural funds in Romania addresses both the Cohesion objective distributed among 7 Operational Programs and the European Territorial Cooperation objective - 4 Operational Programs of European territorial cooperation of which funds will be managed jointly with other Member States. Romania, like other countries, was severely affected by the global financial crisis and faster absorption of EU funds was seen as a factor for alleviating the negative effects of the financial crisis.

Suggested Citation

  • Georgiana Raluca Ladaru & Maria Cristina Padure & Eugen Prioteasa, 2014. "The analysis of absorption rate of structural funds for the 2007-2013 programming period. The case of Romania," International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, The Bucharest University of Economic Studies, vol. 3, pages 213-223.
    • Handle: RePEc:aes:icafee:v:3:y:2014:p:213-223
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    References listed on IDEAS

    as
    1. Iana Paliova & Mr. Tonny Lybek, 2014. "Bulgaria’s EU Funds Absorption: Maximizing the Potential!," IMF Working Papers 2014/021, International Monetary Fund.
    2. Daniela Florescu & Petre Brezeanu & Lilian Onescu, 2013. "Analysis Absorption Capacity of European Funds Under the Operational Programme Human Resources Development," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 13(1), pages 129-138.
    3. Jale Tosun, 2014. "Absorption of Regional Funds: A Comparative Analysis," Journal of Common Market Studies, Wiley Blackwell, vol. 52(2), pages 371-387, March.
    4. Zaman, Gheorghe & Georgescu, George, 2009. "Structural Fund Absorption: A New Challenge For Romania?," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 6(1), pages 136-154, March.
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