ROMANIAN RURAL DEVELOPMENT AND THE FINANCING POLICY

Prof. Ana Popa Ph. D and Assoc. Prof. Laura Giurcă Vasilescu Ph. D.
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Prof. Ana Popa Ph. D: University of Craiova Faculty of Economics and Business Administration Craiova, Romania
Assoc. Prof. Laura Giurcă Vasilescu Ph. D.: University of Craiova Faculty of Economics and Business Administration Craiova, Romania

Annals of University of Craiova - Economic Sciences Series, 2010, vol. 2, issue 38, 10

Abstract: Romania has a large rural areas and a great potential, but the Romanian rural has many economic and social issues. The main idea is that the major risk for the Romanian rural development is generated of the combination between the transition problems, poverty and financing possibilities. For Romania is a need for benchmarking rural development and Romania looks at European Union and United States policy and programme. In Romania there is a vicious circle regarding the correlation between productivity and poverty. Because the poverty is a huge problem for Romanian rural areas, an essential problem is the access to the community funds. Important is the chain of the European structural funds financing: Allocation, Accession, and Absorption. One single error on every part of this chain would stop the investment. All insist that Romania should reform its administration and reduce red tape, to create a depoliticized and transparent system.

Keywords: rural development; financing; structural funds (search for similar items in EconPapers)
JEL-codes: F15 F18 G01 O13 P21 P32 P36 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:2:y:2010:i:12:p:159-160

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