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Considerations Regarding The Absorption Capacity Of The Structural And Cohesion Funds, The Administrative And Financial Decentralization And The Quality Of The Governing Act In Romania

Author

Listed:
  • Iulia PARA

    (West University of Timisoara, Faculty of Economics and Business Administration)

  • Teodor Gheorghe NEGRUT

    (West University of Timisoara, Faculty of Economics and Business Administration)

  • Laura Mariana CISMAS

    (West University of Timisoara, Faculty of Economics and Business Administration)

Abstract

The paper analyses the implementation of the cohesion policy of the EU, highlighting the nexus between the absorption capacity of European funds and the political and administrative factors in Romania. The deficiencies registered in the process of absorption of European funds lead to the conclusion of rethinking the regionalization process, an administrative and financial decentralization, in order to transfer competences from the central administration level to the local public administration authorities. By studying a series of indicators calculated at the level of the EU member states, the Global Governance Index in Romania, as well as the strategic needs and objectives of the current budgetary exercise 2014-2020, the conclusion may lead towards the fact that the act of governance represents a key factor for the construction and institutional management and the efficient absorption of the European structural and cohesion funds; as a result, the close relationship between the quality of governance and the effective administrative capacity is obvious.

Suggested Citation

  • Iulia PARA & Teodor Gheorghe NEGRUT & Laura Mariana CISMAS, 2019. "Considerations Regarding The Absorption Capacity Of The Structural And Cohesion Funds, The Administrative And Financial Decentralization And The Quality Of The Governing Act In Romania," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 14, pages 115-120, December.
    • Handle: RePEc:cmj:networ:y:2019:i:14:p:115-120
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    References listed on IDEAS

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    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. GHEORGHE ZAMAN & Anca CRISTEA, 2011. "EU Structural Funds Absorption in Romania: Obstacles and Issues," Romanian Journal of Economics, Institute of National Economy, vol. 32(1(41)), pages 60-77, June.
    3. Knill, Christoph, 1998. "European Policies: The Impact of National Administrative Traditions," Journal of Public Policy, Cambridge University Press, vol. 18(1), pages 1-28, January.
    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.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Regional development; Absorption of European funds; Administrative decentralization; Governance; Indicators of global governance;
    All these keywords.

    JEL classification:

    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures

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