Regional Development Policy in Romania – Challenges for the 2014-2020 Period

Chilian Mihaela-Nona () and Badea Alexandru Octavian ()
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Chilian Mihaela-Nona: Institute for Economic Forecasting, Romanian Academy, Bucharest, Romania,
Badea Alexandru Octavian: “Valahia” University of Targoviste, Romania

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 2, 248-253

Abstract: In agreement with the European Economic and Social Cohesion Policy, Romania promotes regional policy aiming generally on long term to reduce disparities in regional development and country areas. Despite efforts by public authorities to implement the ROP and despite the implementation of a Plan of Priority Measures for strengthening the capacity of absorption of structural and cohesion funds, in Romania the absorption of European funds for regional development remains unsatisfactory. In developing new strategic programming documents for the period 2014-2020, Romania will continue to face major challenges regarding the future regional development, some "taken" in the current period, others induced by the new architecture of EU cohesion policy.

Keywords: cohesion policy; Regional Operational Program; cohesion funds; strategic programming 2014-2020 (search for similar items in EconPapers)
JEL-codes: R11 R58 (search for similar items in EconPapers)
Date: 2012
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