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The opportunities of EU’s Danube Regions Strategy for Romania and Bulgaria

Author

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  • Andreea-Clara MUNTEANU

    (Institute of National Economy, Romanian Academy)

Abstract

Macro-regional strategies are one of the recent EU initiatives with the main objective as the territorial cohesion and increasing the degree of coordination between different levels of governance of the key actors and stakeholders. The fundamentals of macro-regional strategies have been put together by acknowledging the importance of cohesion basins as factors that may increase economic growth. The transnational cooperation has become a connecting vector from national and regional perspectives; the programs currently having as main priority the flexible approach to the functional links between European regions belonging or not to the EU. The main challenge is to ensure the long-term performance of the programs and the identification of new instruments for valorizing results and creating value added by providing the strategic framework for the actions of different actors and stakeholders and by implementing coordination policies and ensuring specific funding sources. Our paper aims to point out the opportunities offered to Romania and Bulgaria by the EU’s Danube Regions Strategy.

Suggested Citation

  • Andreea-Clara MUNTEANU, 2016. "The opportunities of EU’s Danube Regions Strategy for Romania and Bulgaria," Romanian Journal of Economics, Institute of National Economy, vol. 42(1(51)), pages 155-163, june.
  • Handle: RePEc:ine:journl:v:42:y:2016:i:51:p:155-163
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    More about this item

    Keywords

    Danube Region Strategy; macro-regional strategies; coordination; economic growth and development;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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