Considerations on potential determinants of structural and cohesion funds absorption
AbstractThe importance of ensuring high levels of absorption for the structural and cohesion funds, especially in the deprived regions, is crucial. In such a context, there have been identified the drivers of and possible difficulties associated to the absorption capacity of a Member State and its regions, following the processes currently taking place in Romania. The purpose of the paper is to identify and analyze the drivers that optimize the use of the absorption capacity of structural funds as well as the main problems that affect the absorption capacity and full use of funds in certain regions and institutional environments.
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Bibliographic InfoArticle provided by University of Craiova, Faculty of Economics and Business Administration in its journal Finance - Challenges of the Future.
Volume (Year): 1 (2008)
Issue (Month): 7 (May)
structural funds; absorption capacity; financial allocation; regional development;
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