THE REGIONAL DEVELOPMENT- ESSENTIAL STRATEGIC BASE IN FUNDING PROGRAMS

Chitiga Georgiana () and Isachi Silvia Elena
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Chitiga Georgiana: ”Victor Slavescu” Financial and Monetary Research Center, Romanian Academy, Romania
Isachi Silvia Elena: ”Victor Slavescu” Financial and Monetary Research Center, Romanian Academy, Romania

Contemporary Economy Journal, 2016, vol. 1, issue 2, 59-65

Abstract: In order to regain the lost years and to become known in the European Union as a prosperous, educated and appreciated nation, the European integration of our country should be a process able to contribute to the economic and social development. In the present conditions, in which the Romanian economy still fights with serious structural problems, we need coherent and unitary strategies that have as main purpose the programming, prioritization and surveillance of regional development politics. The regional development represents an essential component of the process of reformation in our country and it has the purpose the diminution of economic and social disequilibrium accumulated, to provide and remove new disequilibrium and the support of durable development of all the regions of our country. Access to financial resources through european cohesion policyit is one of the maineconomic benefits. Conceived as a politics of solidarity at European level, regional politic is based on financial solidarity that is on the redistribution of a part of the communitarian budget, realized with the contribution of the member states by the region, countries and social groups less prosperous.

Keywords: regional development; strategies; financial resources; their absorption; premises of the optimal use (search for similar items in EconPapers)
JEL-codes: O1 R11 (search for similar items in EconPapers)
Date: 2016
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