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Management of the Structural Funds within the Context of the Global Economic Crisis

Author

Listed:
  • Corina CACE

    (Bucharest Academy of Economic Studies, Romania)

  • Sorin CACE

    (Institute for Quality of Life Research (ICCV), Romania)

  • Victor NICOLAESCU

    (Faculty of History, University of Bucharest, Romania)

Abstract

The member states which accessed the European Union in 2004 and 2007 progressed through similar financing cycles during the pre-accession period by applying the EU specific principles of positive conditionality. The beneficial effects of the pre-accession financing relied on specific instruments and mechanisms of economic growth and production of successful results both for the new member states and for the old member states. The absorption rates of the structural funds were quite low during the post-accession period in the new member states, even though the political agenda from these countries maintained this topic among its priorities. The global economic crisis produced different contractions among the European countries, the most affected being the new member states, context which requires improving the absorption capacity of the EU structural funds granted to these countries.

Suggested Citation

  • Corina CACE & Sorin CACE & Victor NICOLAESCU, 2010. "Management of the Structural Funds within the Context of the Global Economic Crisis," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(1), pages 87-101, March.
    • Handle: RePEc:rom:rmcimn:v:11:y:2010:i:1:p:87-101
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    File URL: https://www.rmci.ase.ro/no11vol1/Vol11_No1_Article8.pdf
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    References listed on IDEAS

    as
    1. John Bachtler & Carlos Mendez, 2007. "Who Governs EU Cohesion Policy? Deconstructing the Reforms of the Structural Funds," Journal of Common Market Studies, Wiley Blackwell, vol. 45(3), pages 535-564, September.
    2. repec:bla:jcmkts:v:45:y:2007:i::p:535-564 is not listed on IDEAS
    3. Cace, Corina & Cace, Sorin & Iova, Cristina & Victor, Nicolaescu, 2010. "Absorption capacity of the structural funds. Integrating perspectives," MPRA Paper 82660, University Library of Munich, Germany.
    4. 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.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

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    3. Mustafa Duran, 2014. "The Absorption Capacity of Turkey for Its Use of the European Union Pre-Accession Assistance," Bogazici Journal, Review of Social, Economic and Administrative Studies, Bogazici University, Department of Economics, vol. 28(1), pages 69-93.
    4. Angelica BACESCU-CARBUNARU & Monica CONDRUZ-BACESCU, 2012. "The Main Causes and Ways of Decreasing the Economic Crisis in Romania," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 13(1), pages 17-29, March.
    5. Cace, Corina & Cace, Sorin & Cojocaru, Stefan & Nicolaescu, Victor, 2012. "The European Social Fund within the context of the economic crisis from Romania," MPRA Paper 85212, University Library of Munich, Germany.
    6. Vladimir-Aurelian ENACHESCU & Donna TARABAY, 2016. "Internet is Changing Cultures," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 17(3), pages 272-278, July.
    7. Pettas, Nikolaos & Giannikos, Ioannis, 2014. "Evaluating the delivery performance of public spending programs from an efficiency perspective," Evaluation and Program Planning, Elsevier, vol. 45(C), pages 140-150.
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    More about this item

    Keywords

    new member states; absorption capacity; positive conditionality; structural funds; crisis.;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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