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EU Structural Funds Absorption in Romania: Obstacles and Issues

Author

Listed:
  • GHEORGHE ZAMAN

    (Institute of National Economy, Romanian Academy)

  • Anca CRISTEA

    (The Ecological University of Bucharest, Faculty of Economic Sciences)

Abstract

Romania’s absorption capacity of EU structural and cohesion funds is based on the degree of implementation of Sectoral Operational Programmes (SOP) 2007-2013 within SOP Environment and plays a central role in view of its complex relationships (horizontal and vertical) with other SOPs.The present paper analyses the absorption capacity of SOPs in Romania, paying a special attention to SOP Environment, which can be considered an important tool for improving eco-efficiency standards and greening the economic growth. The research is focusing on cases and factors of weak absorption of Structural Funds in Romania under the current economic crisis circumstances as well as on some ways of improving the situation in the future.

Suggested Citation

  • GHEORGHE ZAMAN & Anca CRISTEA, 2011. "EU Structural Funds Absorption in Romania: Obstacles and Issues," Romanian Journal of Economics, Institute of National Economy, vol. 32(1(41)), pages 60-77, June.
    • Handle: RePEc:ine:journl:v:1:y:2011:i:41:p:60-77
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    References listed on IDEAS

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    1. Benedicta Marzinotto, 2011. "A European fund for economic revival in crisis countries," Bruegel Policy Contributions 504, Bruegel.
    2. Jan in 't Veld & Janos Varga, 2010. "The Potential Impact of EU Cohesion Policy Spending in the 2007-13 Programming Period: A Model-Based," European Economy - Economic Papers 2008 - 2015 422, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    3. Zaman, Gheorghe & Georgescu, George, 2009. "Structural Fund Absorption: A New Challenge For Romania?," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 6(1), pages 136-154, March.
    4. Gheorghe Zaman & George Georgescu, 2010. "Romania’s External Debt Sustainability Under Crisis Circumstances," Romanian Journal of Economics, Institute of National Economy, vol. 30(1(39)), pages 5-38, June.
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    2. Zaman, Gheorghe & Georgescu, George, 2014. "The absorption of EU Structural and Cohesion Funds in Romania: international comparisons and macroeconomic impact," MPRA Paper 57450, University Library of Munich, Germany.
    3. Giovanni Cunico & Eirini Aivazidou & Edoardo Mollona, 2024. "Investigating Supply and Demand in European Cohesion Policy: Micro-Foundations of Macro-Behaviours," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 8148-8178, June.
    4. Alexandru Manole & Diana Dumitrescu & Daniel Dumitrescu, 2016. "Impact of EU funds absorption in ensuring macro stability," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(9), pages 30-35, September.
    5. Zaman, Gheorghe & Georgescu, George, 2014. "Absorbţia fondurilor structurale şi de coeziune în Romania: bilanţul perioadei 2007-2013 şi lecţii pentru exerciţiul financiar curent [The absorption of structural and cohesion funds in Romania: ba," MPRA Paper 56144, University Library of Munich, Germany.
    6. Mihaela Neculita & Valentin Neculita & Rodica Emanuela Afanase, 2015. "Evolution Of National Strategic Plans Implementation In Central And Eastern European Countries," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 549-554.
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    12. Claudiu-Tiberiu ALBULESCU & Daniel GOYEAU, 2013. "EU Funds Absorption Rate and the Economic Growth," Timisoara Journal of Economics and Business, West University of Timisoara, Romania, Faculty of Economics and Business Administration, vol. 6(20), pages 153-170.
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    More about this item

    Keywords

    Input-absorption capacity of EU financial instruments; causes and obstacles to absorption; net contributors;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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