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EU Structural Funds Absorption in Romania: Obstacles and Issues

Author

Listed:
  • GHEORGHE ZAMAN

    () (Institute of National Economy, Romanian Academy)

  • Anca CRISTEA

    () (The Ecological University of Bucharest, Faculty of Economic Sciences)

Abstract

Romania’s absorption capacity of EU structural and cohesion funds is based on the degree of implementation of Sectoral Operational Programmes (SOP) 2007-2013 within SOP Environment and plays a central role in view of its complex relationships (horizontal and vertical) with other SOPs.The present paper analyses the absorption capacity of SOPs in Romania, paying a special attention to SOP Environment, which can be considered an important tool for improving eco-efficiency standards and greening the economic growth. The research is focusing on cases and factors of weak absorption of Structural Funds in Romania under the current economic crisis circumstances as well as on some ways of improving the situation in the future.

Suggested Citation

  • GHEORGHE ZAMAN & Anca CRISTEA, 2011. "EU Structural Funds Absorption in Romania: Obstacles and Issues," Romanian Journal of Economics, Institute of National Economy, vol. 32(1(41)), pages 60-77, June.
  • Handle: RePEc:ine:journl:v:1:y:2011:i:41:p:60-77
    as

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    References listed on IDEAS

    as
    1. Benedicta Marzinotto, 2011. "A European fund for economic revival in crisis countries," Policy Contributions 504, Bruegel.
    2. Janos Varga and Jan in 't Veld, 2010. "The Potential Impact of EU Cohesion Policy Spending in the 2007-13 Programming Period: A Model-Based," European Economy - Economic Papers 2008 - 2015 422, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    3. 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.
    4. Gheorghe Zaman & George Georgescu, 2010. "Romania’s External Debt Sustainability Under Crisis Circumstances," Romanian Journal of Economics, Institute of National Economy, vol. 30(1(39)), pages 5-38, June.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Zaman, Gheorghe & Georgescu, George, 2014. "The absorption of EU Structural and Cohesion Funds in Romania: international comparisons and macroeconomic impact," MPRA Paper 57450, University Library of Munich, Germany.
    2. repec:cys:ecocyb:v:50:y:2017:i:1:p:89-102 is not listed on IDEAS
    3. Alexandru Manole & Diana Dumitrescu & Daniel Dumitrescu, 2016. "Impact of EU funds absorption in ensuring macro stability," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(9), pages 30-35, September.
    4. Zaman, Gheorghe & Georgescu, George, 2014. "Absorbţia fondurilor structurale şi de coeziune în Romania: bilanţul perioadei 2007-2013 şi lecţii pentru exerciţiul financiar curent
      [The absorption of structural and cohesion funds in Romania: ba
      ," MPRA Paper 56144, University Library of Munich, Germany.
    5. Cristina Nicolau & Tiberiu Foris, 2016. "Training Future Entrepreneurs Using European Funds. A Descriptive Research on Start-Up Romania Programs," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 372-377, February.
    6. Mihaela Neculita & Valentin Neculita & Rodica Emanuela Afanase, 2015. "Evolution Of National Strategic Plans Implementation In Central And Eastern European Countries," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 549-554.
    7. Claudiu-Tiberiu ALBULESCU & Daniel GOYEAU, 2013. "EU Funds Absorption Rate and the Economic Growth," Timisoara Journal of Economics and Business, West University of Timisoara, Romania, Faculty of Economics and Business Administration, vol. 6(20), pages 153-170.
    8. IONESCU, Luminiţa & CALOIAN, Florentin, 2014. "Bureaucracy And Corruption In Public Sector Accounting," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 5(1), pages 17-23.
    9. repec:rsr:supplm:v:65:y:2017:i:5:p:243-255 is not listed on IDEAS
    10. repec:aio:fpvfcf:v:1:y:2017:i:19:p:19-27 is not listed on IDEAS
    11. repec:dug:actaec:y:2017:i:2:p:91-101 is not listed on IDEAS
    12. Zsuzsanna K.SZABO, 2011. "The impact of the crisis on the SME sector in Romania-The back-up of innovation and entrepreneurship development," Romanian Journal of Economics, Institute of National Economy, vol. 33(2(42)), pages 90-108, December.

    More about this item

    Keywords

    Input-absorption capacity of EU financial instruments; causes and obstacles to absorption; net contributors;

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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