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Eu Cohesion Policy In Central And Eastern Europe: A Comparative Analysis

Author

Listed:
  • Ovidiu Puiu

    (Constantin Brancoveanu University, Pitesti, Romania)

  • Cristina Serbanica

    (Constantin Brancoveanu University, Pitesti, Romania)

  • Alina Voiculet

    (Constantin Brancoveanu University, Pitesti, Romania)

  • Sebastian Ene

    (Constantin Brancoveanu University, Pitesti, Romania)

  • Cristina Ganescu

    (Constantin Brancoveanu University, Pitesti, Romania)

Abstract

The purpose of this study is to shed light on the spending patterns and impacts of the EU Funds (2007 – 2013) in Central and Eastern European countries which are also EU Member States: Bulgaria, the Czech Republic, Estonia, Lithuania, Latvia, Hungary, Poland, Romania, Slovakia and Slovenia. With more than half of the total allocations from the European Regional Development Fund (ERDF), Cohesion Fund (CF) and European Social Fund (ESF) going the CEE the countries, the region has made important progresses in supporting development investments throughout the crisis period, but there is much room for improvement in terms of efficiency in the years to come. By far, the most important allocations went to Environment and Transport, for which almost all of the countries spent about a half of their total allocations. The most striking differences in CEE countries spending patterns are those related to the allocations for Research, Development and Innovation (RTD) and Culture and social infrastructure. Policy implications in terms of impacts on economic development and the key lessons for the future are discussed in the final part of the paper.

Suggested Citation

  • Ovidiu Puiu & Cristina Serbanica & Alina Voiculet & Sebastian Ene & Cristina Ganescu, 2017. "Eu Cohesion Policy In Central And Eastern Europe: A Comparative Analysis," Management Strategies Journal, Constantin Brancoveanu University, vol. 35(1), pages 342-354.
    • Handle: RePEc:brc:journl:v:35:y:2017:i:1:p:342-354
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    References listed on IDEAS

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    1. Leon Podkaminer, 2013. "Development Patterns of Central and East European Countries (in the course of transition and following EU accession)," wiiw Research Reports 388, The Vienna Institute for International Economic Studies, wiiw.
    2. Martin Ferry & Irene McMaster, 2013. "Cohesion Policy and the Evolution of Regional Policy in Central and Eastern Europe," Europe-Asia Studies, Taylor & Francis Journals, vol. 65(8), pages 1502-1528, October.
    3. Janos Varga & Jan in't Veld, 2011. "Cohesion Policy Spending in the New Member States of the EU in an Endogenous Growth Model," Eastern European Economics, Taylor & Francis Journals, vol. 49(5), pages 29-54, September.
    4. Beata Farkas, 2011. "The Central and Eastern European model of capitalism," Post-Communist Economies, Taylor & Francis Journals, vol. 23(1), pages 15-34.
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    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • R5 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis

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