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Financial mechanisms supporting social and economic development of rural territories in EU


  • Mariia Ilina

    (Public Institution "Institute of Environmental Economics and Sustainable Development of the National Academy of Sciences of Ukraine", Kyiv)


Milestones of establishment and transformations of EU Common agrarian policy are described. Principles of European policy of rural development are presented, and the experience of its modification is outlined. Institutional framework and mechanisms to finance measures on rural development in EU member states are studied. Advantages and gaps of the European agrarian policy and rural development are objected, and opportunities to apply the experience are analyzed. Approaches to reform agrarian policy in EU candidate countries are defined. European experience on supporting development of agrarian industry and rural territories is considered to evaluate potential of Ukraine's rural development policy to reformation. Measures having considerable impact upon social and ecological situation on rural territories are defined among the list of CAP measures. Taking into consideration current status of CAP and the accession intentions of Ukraine, urgent social and ecological measures to be realized to support development of agrarian industry and rural territories are suggested.

Suggested Citation

  • Mariia Ilina, 2015. "Financial mechanisms supporting social and economic development of rural territories in EU," Economics of Nature and the Environment, Mykhaylo Khvesyk, pages 173-187.
  • Handle: RePEc:ene:journl:y:2015:p:173-187

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    References listed on IDEAS

    1. Carmen Hubbard & Matthew Gorton, 2011. "Placing Agriculture within Rural Development: Evidence from EU Case Studies," Environment and Planning C, , vol. 29(1), pages 80-95, February.
    2. Riccardo Crescenzi & Mara Giua, 2014. "The EU Cohesion policy in context: regional growth and the influence of agricultural and rural development policies," LEQS – LSE 'Europe in Question' Discussion Paper Series 85, European Institute, LSE.
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