Priorities in Investment Decisions for Rural Development in Romania

Ana Popa and Laura Vasilescu
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Ana Popa: University of Craiova Faculty of Economics and Business Administration
Laura Vasilescu: University of Craiova Faculty of Economics and Business Administration

Finante - provocarile viitorului (Finance - Challenges of the Future), 2013, vol. 1, issue 15, 66-71

Abstract: Romania joined the European Union- EU -in 2007, as an emerging economy and rural by excellence and this feature is keeping even in 2012. Difficulty in establishing investment priorities for rural development in Romania is caused by the large size and fragility of the rural area and the fact that all inputs have an inadequate level. The objectives of rural development are strongly influenced by national policy and European policy of the European Union, but also by the politics of international organizations (World Bank Group-WBG, Food and Agriculture Organization-FAO). Investment for climate changes and for infrastructure is strongly correlated and is vital in all states, including Romania. The six EU Priorities for rural development in the period 2014-2020 are also considering priorities for increasing education level and social inclusion in the rural areas, which are other pressing needs in Romania in order to move to a modern agriculture.

Keywords: rural; Romania; World Bank; EU; agriculture; financing (search for similar items in EconPapers)
JEL-codes: M20 Q13 Q16 R12 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2013:i:15:p:66-71

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