Absorption of European Funds in Romania During 2007-2013

Vasile Ionel Popescu () and Constantin Liviu Popescu ()
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Vasile Ionel Popescu: The Bucharest Academy of Economic Studies
Constantin Liviu Popescu: Universitatea Tehnică de Construcţii Bucureşti. Facultatea de Construcţii Civile, Industriale şi Agricole. Departamentul de Construcţii Metalice, Management si Grafică Inginerească

International Conference on Marketing and Business Development Journal, 2015, vol. 1, issue 1, 359-365

Abstract: This paper aims to highlight the direct link between absorption of structural funds for the period 2007-20013, and the strategic objectives of Economic and Social Cohesion Policy. Structural and Cohesion Funds related to Romania have been and will be the main financial instrument of the European Union for creating jobs and generating growth, tackling climate change and energy dependence, reducing poverty and social exclusion. Throughout this article we highlight the evolution of the Structural and Cohesion Funds absorption and the degree of reduction of economic and social disparities. Finally we will conclude on the importance of absorption of Structural Funds in the context of globalization and economic competitiveness of the EU single market.

Keywords: Absorption; European Union; cohesion; convergence; competitiveness. (search for similar items in EconPapers)
JEL-codes: A1 A10 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:aes:icmbdj:v:1:y:2015:i:1:p:359-365

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