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Regional Development Policy in Romania – Challenges for the 2014-2020 Period

Author

Listed:
  • Chilian Mihaela-Nona

    (Institute for Economic Forecasting, Romanian Academy, Bucharest, Romania,)

  • Badea Alexandru Octavian

    (“Valahia” University of Targoviste, Romania)

Abstract

In agreement with the European Economic and Social Cohesion Policy, Romania promotes regional policy aiming generally on long term to reduce disparities in regional development and country areas. Despite efforts by public authorities to implement the ROP and despite the implementation of a Plan of Priority Measures for strengthening the capacity of absorption of structural and cohesion funds, in Romania the absorption of European funds for regional development remains unsatisfactory. In developing new strategic programming documents for the period 2014-2020, Romania will continue to face major challenges regarding the future regional development, some "taken" in the current period, others induced by the new architecture of EU cohesion policy.

Suggested Citation

  • Chilian Mihaela-Nona & Badea Alexandru Octavian, 2012. "Regional Development Policy in Romania – Challenges for the 2014-2020 Period," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 248-253, Decembre.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:2:p:248-253
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    More about this item

    Keywords

    cohesion policy; Regional Operational Program; cohesion funds; strategic programming 2014-2020;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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