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Analysis Absorption Capacity of European Funds Under the Operational Programme Human Resources Development

Daniela Florescu (), Petre Brezeanu () and Lilian Onescu ()
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Daniela Florescu: University of Finance and Banking, Bucharest, Romania
Lilian Onescu: University of Finance and Banking, Bucharest, Romania

Annals of the University of Petrosani, Economics, 2013, vol. 13, issue 1, 129-138

Abstract: One of the main goals of the European Union is the economic progress. In the last 50 years, and especially beginning with the ‘80s, remarkable efforts have been made for removing the borders between the EU national economies and for creating a unique market where goods, persons, capital and services could move freely. Commercial interchanges between UE states have significantly grown and at the same time EU has become a global commercial force. EU’s goal is to become the most dynamic economy based on global recognition. This implies a significant investment in research, education and forming, which allows the population to have access to this new information. This research work displays diverse aspects concerning the Romania’s ability draw of irredeemable funds in period 2007 – 2013, focusing on human capital development activity. Today, the problem absorptions are no longer able to develop projects, that knowing a significant improvement but the stage of implementation and funding.

Keywords: absorption capacity; convergence; human capital development irredeemable financing; regression (search for similar items in EconPapers)
JEL-codes: F36 O19 (search for similar items in EconPapers)
Date: 2013
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