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Absorption Capacity Of Eu Funds In Romania

Author

Listed:
  • Claudiu George Bocean

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

Abstract

Most Central and Eastern European countries have encountered problems in attracting EU structural funds in the post accession period. This paper analyzes the CEE absorption capacity of EU structural funds in 2007-2010, focusing on the case of Romania. Romania recorded at the end of 2010 the lowest rate of payment for contracted grants. Among reasons for poor absorption capacity we have identified a lack of government strategy, poor administrative capacity of central and local public institutions, public-private partnerships failure, deficient human resources.

Suggested Citation

  • Claudiu George Bocean, 2012. "Absorption Capacity Of Eu Funds In Romania," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(18), pages 123-130, April.
  • Handle: RePEc:aio:rteyej:v:1:y:2012:i:18:p:123-130
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    File URL: http://feaa.ucv.ro/RTE/018-14.pdf
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    References listed on IDEAS

    as
    1. Bourguignon, Fran.ois & Sundberg, Mark, 2006. "Absorptive Capacity and Achieving the MDGs," WIDER Working Paper Series 047, World Institute for Development Economic Research (UNU-WIDER).
    2. George Georgescu, 2008. "Determinants Of Increasing Eu Funds Absorption Capacity In Romania," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(10), pages 1-16.
    3. Andrej Horvat & Gunther Maier, 2004. "Regional development, Absorption problems and the EU Structural Funds," ERSA conference papers ersa04p591, European Regional Science Association.
    4. Cace, Corina & Cace, Sorin & Nicolaescu, Victor, 2011. "Absorption of the structural funds in Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(2), pages 84-105, June.
    5. Imola Driga & Dorina Nita, 2008. "Considerations Regarding European Funds Absorption In Romania," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 42(5-6), pages 146-152.
    6. Zaman, Gheorghe & Georgescu, George, 2009. "Structural Fund Absorption: A New Challenge For Romania?," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 6(1), pages 136-154, March.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Mustafa Duran, 2014. "The Absorption Capacity of Turkey for Its Use of the European Union Pre-Accession Assistance," Bogazici Journal, Review of Social, Economic and Administrative Studies, Bogazici University, Department of Economics, vol. 28(1), pages 69-93.

    More about this item

    Keywords

    absorption capacity; European Union; European funds; structural funds; contracted ratio; payment ratio;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis

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