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Considerations on potential determinants of structural and cohesion funds absorption

Author

Listed:
  • Oana GHERGHINESCU

    (University of Craiova)

  • Andreas KOLODZIEJAK

    (European Commission)

  • Gheorghe GHERGHINESCU

    (National Bank of Romania)

Abstract

The importance of ensuring high levels of absorption for the structural and cohesion funds, especially in the deprived regions, is crucial. In such a context, there have been identified the drivers of and possible difficulties associated to the absorption capacity of a Member State and its regions, following the processes currently taking place in Romania. The purpose of the paper is to identify and analyze the drivers that optimize the use of the absorption capacity of structural funds as well as the main problems that affect the absorption capacity and full use of funds in certain regions and institutional environments.

Suggested Citation

  • Oana GHERGHINESCU & Andreas KOLODZIEJAK & Gheorghe GHERGHINESCU, 2008. "Considerations on potential determinants of structural and cohesion funds absorption," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(7), pages 60-66, May.
  • Handle: RePEc:aio:fpvfcf:v:1:y:2008:i:7:p:60-66
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    More about this item

    Keywords

    structural funds; absorption capacity; financial allocation; regional development;

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F35 - International Economics - - International Finance - - - Foreign Aid
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission

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