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EU Contribution to Strengthening Regional Development and Cooperation in the Black Sea Basin

Author

Listed:
  • Voicu-DorobanÈ›u Roxana

    (Bucharest University of Economic Studies)

  • Ploae Cătălin

    (Bucharest University of Economic Studies)

Abstract

EU's agenda had for some time a topic (at least at an idea level) about the “strengthening ofcooperation in the Black Sea Region.†It faced an interesting paradox: the lack of (or, in the caseof existence, sub-optimal) economic relations between countries in this area, regardless of theirgeographical proximity. The paradoxical situation considered to be mostly due to their differenthistorical and political backgrounds. Therefore, a form of support of regional development in thearea was necessary, as it has been considered in EU's Black Sea Synergy, which encouragescooperation between countries in the Basin while offering a forum for solving common issues andpromoting political and economic reform. Regional cooperation in various areas stems from a highpolitical involvement as the main initiator but requires a strong involvement and participation ofboth civil society and private sector as main drivers of cross-border cooperation. Our paperfocuses, apart from its conceptual research background, on mapping the effective outcomes of theEU initiatives in the area and on providing future perspectives for EU contribution tostrengthening regional development and cooperation in the Black Sea Basin.

Suggested Citation

  • Voicu-DorobanÈ›u Roxana & Ploae Cătălin, 2017. "EU Contribution to Strengthening Regional Development and Cooperation in the Black Sea Basin," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 74-78, June.
    • Handle: RePEc:ovi:oviste:v:xvii:y:2017:i:1:p:74-78
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    More about this item

    Keywords

    Cross-border cooperation; Energy; Entrepreneurship; Regional Cooperation; Regional development;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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