BETWEEN SUCCESS AND UNSUCCESS IN ABSORBING EU FUNDS - POLAND VS. ROMANIA

Cristina Tita, Alexandra Otetea and Iosif Moldovan
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Cristina Tita: Lucian Blaga University of Sibiu
Alexandra Otetea: Lucian Blaga University of Sibiu
Iosif Moldovan: Lucian Blaga University of Sibiu

Revista Economica, 2015, vol. 67, issue Supplement, 339-350

Abstract: Component of the cohesion policy promoted by the European Commission, European grant financing represents an inexpensive and important resource for the social and economic recovery of the member states, offering the prospect for the budgetary sustainability, encouraging public and private investments and thereby reducing the development gaps both at national and international level. In the present study, through the comparative analysis between Romania and Poland in the field of EU funds absorption, we intend to identify the weaknesses and the strengths of each of the two member states, helping to formulate a set of recommendations that our country should follow in order to attract funds related to the Multiannual Financial Framework 2014-2020, thus following the example of Poland in order to become a model in this area and to benefit from the modernization opportunities provided by the structural instruments.

Keywords: absorption capacity; contraction rate; European funds; cohesion policy; structural instruments (search for similar items in EconPapers)
Date: 2015
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