FROM THE TRANSITION DIFFICULTIES TO THE CHALLENGES OF THE ECONOMIC AND FINANCIAL CRISIS: STATE AID IN CENTRAL EUROPE

Nicolae Băcilă
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Nicolae Băcilă: „Babeş-Bolyai” University, Cluj-Napoca

Theoretical and Applied Economics, 2009, vol. 12(541)(supplement), issue 12(541)(supplement), 201-206

Abstract: The paper focuses on one of the most important and difficult economic aspects of the Central European countries in their efforts of European integration and macroeconomic stabilization, namely the State aid situation, analyzing the role and significance of State aid from the necessity of building market-based competitional structures to the particular relevance of State aid in the context of the economic and financial crisis.

Keywords: Central Europe; horizontal aid; sectoral aid; competition; market failure. (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:12(541)(supplement):y:2009:i:12(541)(supplement):p:201-206

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