Views on the Absorption Rate of the European Social Fund in Romania

Laura Marinas () and Eugen Prioteasa ()
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Laura Marinas: The Bucharest University of Economic Studies, Romania
Eugen Prioteasa: The Bucharest University of Economic Studies, Romania

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2015, vol. 16, issue 3, 354-371

Abstract: Analysis of the absorption rate has a significant importance since it measures the capacity a state or region to make effective and efficient use of the funding available under cohesion policy which is considered the most important EU investment policy. This paper aims to analyze the factors influencing the absorption of EU funds (ESF) in Romania. The analysis will target, in particular the administrative capacity related factors. The methodology developed by the authors to measure absorption capacity was applied to the case of Romania’s ESF funded Operational Programs funded during 2007-2013 under Convergence Objective. The results obtained allowed the authors to reveal the main administrative weaknesses explaining why Romania has very low absorption rate; the bottlenecks identified should be lessons learnt and should beproperly addressed by Romanian policy makers for 2014-2020 programming period.

Keywords: cohesion policy; absorption capacity; European Social Fund. (search for similar items in EconPapers)
JEL-codes: A10 O20 R58 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:16:y:2015:i:3:p:354-371

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