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Considerations on potential determinants of structural and cohesion funds absorption

Oana Gherghinescu, André Kolodziejak () and Gheorghe Gherghinescu
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Gheorghe Gherghinescu: National Bank of Romania

Finante - provocarile viitorului (Finance - Challenges of the Future), 2008, vol. 1, issue 7, 60-66

Abstract: The importance of ensuring high levels of absorption for the structural and cohesion funds, especially in the deprived regions, is crucial. In such a context, there have been identified the drivers of and possible difficulties associated to the absorption capacity of a Member State and its regions, following the processes currently taking place in Romania. The purpose of the paper is to identify and analyze the drivers that optimize the use of the absorption capacity of structural funds as well as the main problems that affect the absorption capacity and full use of funds in certain regions and institutional environments.

Keywords: structural funds; absorption capacity; financial allocation; regional development (search for similar items in EconPapers)
JEL-codes: F02 F35 F42 (search for similar items in EconPapers)
Date: 2008
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