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Peculiarities of the European Funds Programming Period in Terms of Regional Development

Author

Listed:
  • Vasile Ionel POPESCU

    (The Bucharest University of Economic Studies)

  • Ionel Dumitru

    (The Bucharest University of Economic Studies)

Abstract

One of the main key policies of the European Union is regional development. It is based on the principle of financial solidarity and provides support to countries and regions that are underdeveloped or facing structural difficulties in order to create jobs and increase competitiveness. Since 1957, when the Treaty of Rome was signed, which laid the foundations of the European Economic Community, the regional disparities between the signatory states were not significant, but both in the preamble and in art. 2, stipulated this need. The European Union's regional policy has been built around the concept of economic and social cohesion. In this article we will highlight the main features of European funds, in Romania, for regional development.

Suggested Citation

  • Vasile Ionel POPESCU & Ionel Dumitru, 2020. "Peculiarities of the European Funds Programming Period in Terms of Regional Development," Journal of Emerging Trends in Marketing and Management, The Bucharest University of Economic Studies, vol. 1(1), pages 298-305, August.
  • Handle: RePEc:aes:jetimm:v:1:y:2020:i:1:p:298-305
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    More about this item

    Keywords

    Solidarity; underdeveloped regions; regional disparities; development programs; innovation.;
    All these keywords.

    JEL classification:

    • O0 - Economic Development, Innovation, Technological Change, and Growth - - General
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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