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European integration, financial resources and the absorption of European funds in Central and Eastern European Countries

Author

Listed:
  • Valentin NECULITA

    (Dunarea de Jos University of Galati, Romania)

  • Daniela Ancuţa SARPE

    (Dunarea de Jos University of Galati, Romania)

  • Mihaela NECULITA

    (Dunarea de Jos University of Galati, Romania)

Abstract

The regional integration has the purpose to enhance the income in the region, which may be achieved through getting higher economic results by using the production factors more efficiently, increasing their mobility and benefiting from the access to a comprehensive knowledge base. This paper aims to provide insights in European integration, financial resources and, absorption of European funds. The paper proposes an analysis of financial framework by means of data and statistics provided by European institution, national statistics institutions and international statistics institutions. The financial framework is a mechanism designed to ensure a strict budgetary discipline of the maximum spending cap for each major area of European Union budget. This mechanism is drawing on the basis of political and economic priorities. One of the main objectives should be the expenditure forecasting, annual budgets, so they be situated under overall cap, knowing that achieving long-term economic growth depends on the financial incentives that the European Union can sustain.

Suggested Citation

  • Valentin NECULITA & Daniela Ancuţa SARPE & Mihaela NECULITA, 2013. "European integration, financial resources and the absorption of European funds in Central and Eastern European Countries," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 33-38.
    • Handle: RePEc:ddj:fseeai:y:2013:i:2:p:33-38
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    References listed on IDEAS

    as
    1. Vladimir Rys, 2001. "Transition Countries of Central Europe Entering the European Union: Some Social Protection Issues," International Social Security Review, John Wiley & Sons, vol. 54(2‐3), pages 177-189.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Florin Paul Costel LILEA & Alexandru MANOLE & Mugurel POPOVICI & Emilia STANCIU, 2017. "Analyzing the role of commercial banks in the absorption of European funds," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(5), pages 243-255, May.
    2. Alexandru MANOLE & Radu Titus MARINESCU & Aurelian DIACONU, 2017. "Romania on the road to European integration," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(5), pages 41-50, May.
    3. Madalina Anghel & Diana Dumitrescu & Daniel Dumitrescu, 2016. "Contribution of member states to European financing," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(9), pages 57-63, September.

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    More about this item

    Keywords

    Budget; Regional integration; Financial framework; Income; Expenditures; Funds absorption;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F15 - International Economics - - Trade - - - Economic Integration
    • P47 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Performance and Prospects

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