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THE ALLOCATION OF EUROPEAN FUNDS IN ROMANIA Title ro:ALOCAREA FONDURILOR EUROPENE ÎN ROMÂNIA

Author

Listed:
  • Ana Monica POP

    (Babes-Bolyai University, Cluj, Romania)

Abstract

In this paper we try to analyze the extent to which economic and social cohesion of the enlarged European Union in order to develop a harmonious, balanced and sustainable community has been achieved with the Funds, the European Investment Bank (EIB) and other financial instruments and how Romania attracts or not such funds. We analyzed using the statistical data, the absorption and implementation of funds in Romania. Consequently, we present only the results. Conclusions outlined the reducing of the economic, social and territorial disparities which have arisen particularly in regions with developmental delays and in relation to economic and social reorganization. The most important benefits of funding (in general) are the growth, the competitive advantage, the employment and improvement of the environment.

Suggested Citation

  • Ana Monica POP, 2014. "THE ALLOCATION OF EUROPEAN FUNDS IN ROMANIA Title ro:ALOCAREA FONDURILOR EUROPENE ÎN ROMÂNIA," Management Intercultural, Romanian Foundation for Business Intelligence, Editorial Department, issue 30, pages 287-290, April.
    • Handle: RePEc:cmj:interc:y:2014:i:30:p:287-290
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    More about this item

    Keywords

    Convergence; Regional Competition; Territorial Cooperation;
    All these keywords.

    JEL classification:

    • F30 - International Economics - - International Finance - - - General

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