Aspects of EAFRD Projects Implementation in Romania During 2007-2013 and 2014-2020
Alexandru Sin
Western Balkan Journal of Agricultural Economics and Rural Development (WBJAERD), 2020, vol. 2, issue 01
Abstract:
As for all EU member states, EAFRD is an important part of the CAP implementation in Romania. By a comparative study, the present paper analyses some aspects of EAFRD projects, implemented in Romania during 2007-2013 and 2014-2020 programming periods. The analysis was focused on projects addressed to farming and food processing activities, using relevant AFIR reported data. Investments for agricultural holdings recorded better results during the second period, compared to the first one: a much lower cancelling rate and a higher total value of the projects. However, the increased average value showed a preference for larger farms. More financing opportunities and better consultancy services should be made available to medium farms. While also presenting a positive improvement, of a significantly decreased cancelling rate, investments for food processing activities also showed a much lower total value. This should be a cause for concern, as insufficient food processing facilities represents one of the main problems of the Romanian agri-food sector. Investments in mentioned sector must be promoted and made a priority in the upcoming 2021-2027 programming period.
Keywords: Agricultural and Food Policy; Agricultural Finance; Farm Management (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iepwbj:305294
DOI: 10.5937/WBJAE2001057S
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