EU COHESION POLICY IN CENTRAL AND EASTERN EUROPE: A COMPARATIVE ANALYSIS

Ovidiu Puiu, Cristina Serbanica, Alina Voiculet, Sebastian Ene and Cristina Ganescu
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Ovidiu Puiu: Constantin Brancoveanu University, Pitesti, Romania
Cristina Serbanica: Constantin Brancoveanu University, Pitesti, Romania
Alina Voiculet: Constantin Brancoveanu University, Pitesti, Romania
Sebastian Ene: Constantin Brancoveanu University, Pitesti, Romania
Cristina Ganescu: Constantin Brancoveanu University, Pitesti, Romania

Management Strategies Journal, 2017, vol. 35, issue 1, 342-354

Abstract: The purpose of this study is to shed light on the spending patterns and impacts of the EU Funds (2007 – 2013) in Central and Eastern European countries which are also EU Member States: Bulgaria, the Czech Republic, Estonia, Lithuania, Latvia, Hungary, Poland, Romania, Slovakia and Slovenia. With more than half of the total allocations from the European Regional Development Fund (ERDF), Cohesion Fund (CF) and European Social Fund (ESF) going the CEE the countries, the region has made important progresses in supporting development investments throughout the crisis period, but there is much room for improvement in terms of efficiency in the years to come. By far, the most important allocations went to Environment and Transport, for which almost all of the countries spent about a half of their total allocations. The most striking differences in CEE countries spending patterns are those related to the allocations for Research, Development and Innovation (RTD) and Culture and social infrastructure. Policy implications in terms of impacts on economic development and the key lessons for the future are discussed in the final part of the paper.

Keywords: CEE countries; regional development; European Cohesion Policy; spending patterns; policy evaluation (search for similar items in EconPapers)
JEL-codes: O1 R5 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:35:y:2017:i:1:p:342-354

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