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European Funds – Instrument for Economic Stability/Growth

Author

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  • Anca Simina POPESCU

    (University of Craiova)

Abstract

The enlargement of European Union has finally brought a growth of public resources designed for regional policy, but also visible disparities between the member states. The objective of a stronger social and economic cohesion, of reduction of differences of social and economic development between the member states and EU regions, as well as the promotion of sustainable development of EU are reached through structural funds, the European financing being designed to serve as lever regarding public investments in associated countries. This work analyses the elements which assure economic stability in Romania, in the last year of programming period 2007-2013, following the crisis which disturbed global economy. The emphasis is laid on non-refundable EU funds allotted for Romania, which were analyzed both from the point of view of approved projects (but whose implementation did not start yet)and regarding the contracted projects under way.

Suggested Citation

  • Anca Simina POPESCU, 2014. "European Funds – Instrument for Economic Stability/Growth," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(16), pages 190-197, December.
    • Handle: RePEc:aio:fpvfcf:v:1:y:2014:i:16:p:190-197
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    File URL: http://feaa.ucv.ro/FPV/016-021.pdf
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    References listed on IDEAS

    as
    1. George Georgescu, 2008. "Determinants Of Increasing Eu Funds Absorption Capacity In Romania," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(10), pages 1-16.
    2. Oana GHERGHINESCU & Paul RINDERU & Cristi SPULBAR, 2009. "Analysis of structural and cohesion funds absorption in Romania," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(9), pages 223-230, May.
    3. Corina Berica, 2010. "Factors That Influence The Low Rate Of Structural Funds Absorbtion In Romania," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 2(4), pages 111-116, December.
    4. Daniel Stoian George & Vasile Ilie, 2011. "Irredeemable EU Funds Role in Assuring the Stability of the Romanian Economy," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 5(5(558)(su), pages 863-869, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    cohesion policy; structural funds; absorption rate; decisive factors of absorption capacity; economic crisis; operational programs;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • G01 - Financial Economics - - General - - - Financial Crises
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate

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