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Analysis Absorption Capacity of European Funds Under the Operational Programme Human Resources Development

Author

Listed:
  • Daniela Florescu

    (University of Finance and Banking, Bucharest, Romania)

  • Petre Brezeanu

    (Bucharest University of Economic Studies, Romania)

  • Lilian Onescu

    (University of Finance and Banking, Bucharest, Romania)

Abstract

One of the main goals of the European Union is the economic progress. In the last 50 years, and especially beginning with the ‘80s, remarkable efforts have been made for removing the borders between the EU national economies and for creating a unique market where goods, persons, capital and services could move freely. Commercial interchanges between UE states have significantly grown and at the same time EU has become a global commercial force. EU’s goal is to become the most dynamic economy based on global recognition. This implies a significant investment in research, education and forming, which allows the population to have access to this new information. This research work displays diverse aspects concerning the Romania’s ability draw of irredeemable funds in period 2007 – 2013, focusing on human capital development activity. Today, the problem absorptions are no longer able to develop projects, that knowing a significant improvement but the stage of implementation and funding.

Suggested Citation

  • Daniela Florescu & Petre Brezeanu & Lilian Onescu, 2013. "Analysis Absorption Capacity of European Funds Under the Operational Programme Human Resources Development," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 13(1), pages 129-138.
    • Handle: RePEc:pet:annals:v:13:y:2013:i:1:p:129-138
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    File URL: http://www.upet.ro/annals/economics/pdf/2013/part1/Florescu-%20Brezeanu-Onescu.pdf
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    References listed on IDEAS

    as
    1. Daniela Florescu, 2008. "Romania’S Ability To Draw European Funds," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 12(12(517)(s), pages 135-140, December.
    2. Daniela Florescu & Petre Brezeanu, 2009. "Implementation of Operational Programmes in Romania the Period 2007-2013," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 9(3), pages 297-304.
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    Citations

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    Cited by:

    1. Georgiana Raluca Ladaru & Maria Cristina Padure & Eugen Prioteasa, 2014. "The analysis of absorption rate of structural funds for the 2007-2013 programming period. The case of Romania," International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, The Bucharest University of Economic Studies, vol. 3, pages 213-223.

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    More about this item

    Keywords

    absorption capacity; convergence; human capital development irredeemable financing; regression;
    All these keywords.

    JEL classification:

    • 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

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