Management of the Structural Funds within the Context of the Global Economic Crisis

Corina Cace, Sorin Cace and Victor Nicolaescu ()
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Victor Nicolaescu: Faculty of History, University of Bucharest, Romania

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2010, vol. 11, issue 1, 87-101

Abstract: The member states which accessed the European Union in 2004 and 2007 progressed through similar financing cycles during the pre-accession period by applying the EU specific principles of positive conditionality. The beneficial effects of the pre-accession financing relied on specific instruments and mechanisms of economic growth and production of successful results both for the new member states and for the old member states. The absorption rates of the structural funds were quite low during the post-accession period in the new member states, even though the political agenda from these countries maintained this topic among its priorities. The global economic crisis produced different contractions among the European countries, the most affected being the new member states, context which requires improving the absorption capacity of the EU structural funds granted to these countries.

Keywords: new member states; absorption capacity; positive conditionality; structural funds; crisis. (search for similar items in EconPapers)
JEL-codes: M10 O11 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:11:y:2010:i:1:p:87-101

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