Views on the Absorption Rate of the European Social Fund in Romania
Analysis of the absorption rate has a significant importance since it measures the capacity a state or region to make effective and efficient use of the funding available under cohesion policy which is considered the most important EU investment policy. This paper aims to analyze the factors influencing the absorption of EU funds (ESF) in Romania. The analysis will target, in particular the administrative capacity related factors. The methodology developed by the authors to measure absorption capacity was applied to the case of Romania’s ESF funded Operational Programs funded during 2007-2013 under Convergence Objective. The results obtained allowed the authors to reveal the main administrative weaknesses explaining why Romania has very low absorption rate; the bottlenecks identified should be lessons learnt and should beproperly addressed by Romanian policy makers for 2014-2020 programming period.
Volume (Year): 16 (2015)
Issue (Month): 3 (July)
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- Virginia Campeanu, 2014. "Eu Funded Projects: Management Tools For Preventing Fraud. A Comparative Analysis Of Administrative Measures In The Member States," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 2(2), pages 178-185, November.
- Andrej Horvat & Gunther Maier, 2004. "Regional development, Absorption problems and the EU Structural Funds," ERSA conference papers ersa04p591, European Regional Science Association.
- Daniela L. Constantin & Gabriela Dragan & Zizi Goschin & Luiza N. Radu, 2011. "Implications Of The Latest Enlargement On Regional Disparities And Cohesion Policy. A Spotlight On The Eu Funds Absorption," ERSA conference papers ersa10p1141, European Regional Science Association.
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