STRUCTURAL FUNDS AND OVERCOMING THE ECONOMIC CRISIS
Journal Title: Annales Universitatis Apulensis series Oeconomica - Year 2009, Vol 11, Issue 2
Abstract
The European Commission is the authority that supervises the European Union structural funds, which are meant to finance the measures of structural aid at the community level, aiming to promote the regions lagging behind in development, to reconvert the areas affected by industrial decline, to fight against the long-term unemployment, to help the youth professional insertion or to promote the rural development. Besides the Structural Funds, other financial instruments are in use, namely the Cohesion Fund. Between 2007 and 2013, Romania will benefit from structural funds in the amount of 32 billion Euros, granted by the European Union. Such funds need to be effectively managed and they have to reach where development is an imperative; otherwise, they are in danger of being forfeited. The paper herein aims to give a general presentation of the structural funds, a highlight of the dissimilarities between them and the pre-accession funds, the explanation of the criteria for granting the structural funds, as well as an in-depth analysis of the National Strategic Reference Framework 2007-2013. At the same time, beyond the absorption obstacles (documentation, evaluation, bank credits), the structural and the cohesion funds are presented as solution to overcome the current economic crisis.
Authors and Affiliations
Emilian Dobrescu, Cristina Barna
Keywords
Related Articles
- EP ID EP97152
- DOI -
- Views 112
- Downloads 0
HOW THE INVESTMENT IN R&D IS RELATED TO THE HUMAN CAPITAL ACCUMULATION? THE CASE OF ROMANIA
The paper tries to clarify the link between the investment in R&D and the accumulation of human capital. In the paper is analyzed the investment in R&D at the EU level, underlying the case of Romania and the link...
THE USE OF FAIR VALUE ACCOUNTING, BUSINESS OUTCOMES, AND INVESTOR CONFIDENCE FOR SELECTED ROMANIAN AND TURKISH FIRMS
The purpose of this quantitative, correlative, and survey-based study was to determine whether the use of fair value accounting by publicly-listed companies in Turkey and Romania was associated with significant var...
HARMONIZATION OF GOODWILL REPORTING PRACTICE IN THE CONSOLIDATED FINANCIAL STATEMENTS OF ROMANIAN GROUPS
The purpose of this paper is to analyze the current state of consolidated reporting practice harmonization concerning the extant methods for evaluating and reporting goodwill in the consolidated financial statements of...
LINKING MONEY SUPPLY WITH THE GROSS DOMESTIC PRODUCT IN ROMANIA
Evolution of money supply and gross domestic product are in a close relationship, in this paper we analysis this relationship in order to construct a function which will explicit this connection for Romania. Evolution of...
A NEW EDUCATIONAL MODEL FOR CRIMINALITY PREVENTION
„Solon said that, in order to be free, a citizen had to study; education was the ground of democracy and in Athens there was no illiterate citizen. The education was both of the body as well as of the soul in a natural c...