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The Management of the European Agricultural Fund for Rural Development during 2014 - 2018

Author

Listed:
  • Laura-Delia ANGHELUȚĂ

    (Dunarea de Jos University of Galati)

  • Florin Marian BUHOCIU

    (Dunarea de Jos University of Galati)

  • Silvius STANCIU

    (Dunarea de Jos University of Galati)

Abstract

Rural development, part of the Common Agricultural Policy, is a European Union priority funded by the European Agricultural Fund for Rural Development (EAFRD). The financial allocation for the current 2014-2020 EAFRD programming period was not much higher than in the previous 2007-2013 period, and the adjustments that the multiannual financial framework entailed led to the lowest remaining commitments in the EU budget compared to the rest of the European Structural and Investment Funds. The study focuses on the use of the budget allocated to the EAFRD by the European Commission and the way in which the funds were managed in the 2014-2018 period. Thus, the research involved an analysis of the management and execution of commitment appropriations and payment appropriations for each year analysed at EU level, as well as the results obtained by Romania during this period. At the same time, the analysis followed the evolution of the absorption rate of the rural development programme at the Romanian level every year, comparatively analysed to the EU level.

Suggested Citation

  • Laura-Delia ANGHELUȚĂ & Florin Marian BUHOCIU & Silvius STANCIU, 2020. "The Management of the European Agricultural Fund for Rural Development during 2014 - 2018," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 21(4), pages 562-576, October.
    • Handle: RePEc:rom:rmcimn:v:21:y:2020:i:4:p:562-576
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    File URL: https://www.rmci.ase.ro/no21vol4/11.pdf
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    Citations

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    Cited by:

    1. Beatrice-Simona MANOLACHE & Silviu-Cristian SIMIONESCU & Mihaela PILA & Silvius STANCIU, 2023. "Labor Costs in Agriculture: Brief Analysis of the Romanian Sector," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 33-40.
    2. Mihaela PILA & Silvius STANCIU, 2022. "Fisheries and Aquaculture in Romania. Market Overview," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 251-256.

    More about this item

    Keywords

    rural development; absorption capacity.;

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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