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The Impact of the European Funds in Romania. The Examination of the Problems and Solutions

Author

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  • Monica Gabriela Gherman

    (Academy of Economic Studies)

Abstract

The establishment of the European Union marked the beginning of a new era, the EU Member States have in present many benefits in this regard: free market, effective trade, enhanced security, economic cohesion, sustainable development, protecting human rights, job creation etc. With all these positive aspects, the reality of global recession demonstrates, among other things, that there is much to be recovered and that the imbalances between Member States is widening further. To solve these problems the European Commission launched its proposal for the future multiannual post-2013 financial framework which will work towards growth and competitiveness by reducing the budget in some areas and directing the expenditures towards areas of interest for the European Union. To increase the impact of EU funds in Romania, we have to start the analysis from examining the problems and solutions foundation for increasing the capacity to absorb EU funds.

Suggested Citation

  • Monica Gabriela Gherman, 2012. "The Impact of the European Funds in Romania. The Examination of the Problems and Solutions," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 2(Special 1), pages 233-237, May.
    • Handle: RePEc:hur:ijaraf:v:2:y:2012:i:1special:p:233-237
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    Citations

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    Cited by:

    1. Alexandru MANOLE & Radu Titus MARINESCU & Aurelian DIACONU, 2017. "Romania on the road to European integration," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(5), pages 41-50, May.
    2. Madalina Anghel & Diana Dumitrescu & Daniel Dumitrescu, 2016. "Contribution of member states to European financing," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(9), pages 57-63, September.

    More about this item

    Keywords

    Structural funds; cohesion policy; investment partnerships;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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