Significant Socio-Economic Developments in the Context of Completing the Implementation of SOPHRD 2007-2013

Stelian Seliè˜teanu, Anca Alina Buziernescu and Dalian Marius Doran
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Stelian Seliè˜teanu: University of Craiova
Anca Alina Buziernescu: University of Craiova
Dalian Marius Doran: University of Craiova

Finante - provocarile viitorului (Finance - Challenges of the Future), 2019, vol. 1, issue 21, 144-150

Abstract: The global economic-financial crisis of 2008-2013, profoundly affected the socio-economic context in Romania, which led to substantial changes in the premises and trends that were initially based on the Sectorial Operational Program for Human Resources Development (SOPHRD) 2007-2013. The implementation of the measures specific to this program of non-reimbursable financing offered the Romanian economy an unquestionable support to overcome the significant negative phenomena that the economic-financial crisis, which started in 2008, triggered in the economic and social life of our country. By far the most accessed, SOPHRD has been a source of financing, meant on the one hand to support to a significant level the activities specific to the Romanian labour market, hardly attempted by the effects of the aforementioned crisis, and on the other hand to open up new paths for those who have understood and accepted the structural changes of a global economy that demands another vision, another approach regarding the role that the workforce has in such a large community, but which wants to be unitary and indivisible, respectively the European Union.

Keywords: SOPHRD; budget; crises; country development. (search for similar items in EconPapers)
JEL-codes: H62 H68 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2018:i:20:p:144-150

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