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Romanian Rural Development And The Financing Policy


  • Prof. Ana Popa Ph. D

    (University of Craiova Faculty of Economics and Business Administration Craiova, Romania)

  • Assoc. Prof. Laura Giurcă Vasilescu Ph. D.

    (University of Craiova Faculty of Economics and Business Administration Craiova, Romania)


Romania has a large rural areas and a great potential, but the Romanian rural has many economic and social issues. The main idea is that the major risk for the Romanian rural development is generated of the combination between the transition problems, poverty and financing possibilities. For Romania is a need for benchmarking rural development and Romania looks at European Union and United States policy and programme. In Romania there is a vicious circle regarding the correlation between productivity and poverty. Because the poverty is a huge problem for Romanian rural areas, an essential problem is the access to the community funds. Important is the chain of the European structural funds financing: Allocation, Accession, and Absorption. One single error on every part of this chain would stop the investment. All insist that Romania should reform its administration and reduce red tape, to create a depoliticized and transparent system.

Suggested Citation

  • Prof. Ana Popa Ph. D & Assoc. Prof. Laura Giurcă Vasilescu Ph. D., 2010. "Romanian Rural Development And The Financing Policy," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(38), pages 1-10, May.
  • Handle: RePEc:aio:aucsse:v:2:y:2010:i:12:p:159-160

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    More about this item


    rural development; financing; structural funds;

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • F15 - International Economics - - Trade - - - Economic Integration
    • F18 - International Economics - - Trade - - - Trade and Environment
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform
    • P32 - Economic Systems - - Socialist Institutions and Their Transitions - - - Collectives; Communes; Agricultural Institutions
    • P36 - Economic Systems - - Socialist Institutions and Their Transitions - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty


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