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Coordinates of the Absorption Capacity of Structural and Cohesion Funds at EU Level

Author

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  • Anca Simina POPESCU

    (University of Craiova Faculty of Economics and Business Administration)

  • Inocentiu Alexandru FLOREA

    (University of Craiova Faculty of Economics and Business Administration)

Abstract

The structural and cohesion funds are considered an attractive instrument for the funding of investments opportunities especially in times of crisis when the private investments are reduced. Nevertheless, they have not been factually highlighted in order to empirically document the role of European funds in supporting the short-term economic growth, at macroeconomic level. The target of absorbing as much European financial non-refundable aid requires constant efforts made by the member states and administration authorities, the involvement of regional and local public administrations in each stage of the process, as well as an appropriate capacity of institutional structures and management and control systems, they being basic premises of this objective achievement.

Suggested Citation

  • Anca Simina POPESCU & Inocentiu Alexandru FLOREA, 2015. "Coordinates of the Absorption Capacity of Structural and Cohesion Funds at EU Level," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(17), pages 176-185, December.
    • Handle: RePEc:aio:fpvfcf:v:1:y:2015:i:17:p:176-185
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    References listed on IDEAS

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    More about this item

    Keywords

    Coordinates of the Absorption Capacity of Structural and Cohesion Funds at EU Level;

    JEL classification:

    • E03 - Macroeconomics and Monetary Economics - - General - - - Behavioral Macroeconomics
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • G01 - Financial Economics - - General - - - Financial Crises
    • H00 - Public Economics - - General - - - General
    • J1 - Labor and Demographic Economics - - Demographic Economics

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