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Achievements and Prospects of the Absorption of Structural and Cohesion Funds under the Impact of Global Crises

In: Rethinking Social Action. Core Values in Practice

Author

Listed:
  • Camelia Nicoleta MEDELEANU

    (Alexandru Ioan Cuza University, Faculty of Philosophy and Social and Political Sciences, Department of Sociology and Social Work, Iași, Romania)

  • Mihaela Dana IGNAT

    (Alexandru Ioan Cuza University, Faculty of Faculty of Economic and Business Administrations, Iasi, România)

Abstract

Regional development and socio-economic cohesion is macro processes that are involved and engaged in all EU Member States. Romania, a full member on 1 January 2007, could not miss, but the degree of participation and profitability absorption of Structural Funds and Cohesion (FSC) - the main instruments for the implementation of cohesion policy in the Community - is different other countries because it raised the necessities and less possibilities, nor to be reformed so as to be a more active partner and valued in the struggle for development and intra-community cohesion. Romania has the lowest uptake of FSC in the EU at a rate of reimbursement requests in Brussels at the end of March 2016, only 61.57%. In this article we try to disseminate the causes of this low absorption, taking account of experience to date and the imperative for Romania to improve its absorption in 2014-2020.

Suggested Citation

  • Camelia Nicoleta MEDELEANU & Mihaela Dana IGNAT, 2017. "Achievements and Prospects of the Absorption of Structural and Cohesion Funds under the Impact of Global Crises," Book chapters-LUMEN Proceedings, in: Camelia IGNATESCU & Antonio SANDU & Tomita CIULEI (ed.), Rethinking Social Action. Core Values in Practice, edition 1, volume 1, chapter 43, pages 470-482, Editura Lumen.
    • Handle: RePEc:lum:prchap:01-43
    DOI: https://doi.org/10.18662/lumproc.rsacvp2017.43
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    References listed on IDEAS

    as
    1. Gheorghe ZAMAN & George GEORGESCU, 2014. "Structural And Cohesion Funds Absorption In Romania. Balance Of The 2007-2013 Financial Exercise And Lessons For The Current Period," Romanian Journal of Economics, Institute of National Economy, vol. 38(1(47)), pages 49-88, June.
    2. AfDB AfDB, . "Annual Report 2012," Annual Report, African Development Bank, number 461.
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    More about this item

    Keywords

    Regional development; social cohesion; structural funds and cohesion; low absorption; regional disparities;
    All these keywords.

    JEL classification:

    • A3 - General Economics and Teaching - - Multisubject Collective Works
    • I2 - Health, Education, and Welfare - - Education
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General

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