Disparities in Regional Economic Development in Romania

Oțil Maria Daniela, Andra Miculescu and Laura Cismaș

Scientific Annals of Economics and Business, 2015, vol. 62, issue s1, 37-51

Abstract: The issue of economic disparities within the European Union economies is not new, it is actually a topical issue. Unfortunately, the EU enlargement has determined an even stronger deepening of the regional disparities, because in the absence of adequate regional development policies, the financial instruments have proved to be ineffective. Recent studies show that the economic crisis has increased regional disparities in the European Union countries, influencing the most important regions, especially the economically less advanced ones, the significant regional differences being identified at the NUTS 3 level. Based on these issues, the present paper tries to answer the following questions: 1. How extended are the regional disparities in Romania and how did they evolve over the period 1998-2012? 2. How did the economic crisis influence disparities? Which territorial units were more affected?

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:aicuec:v:62:y:2015:i:s1:p:37-51:n:5

DOI: 10.1515/aicue-2015-0035

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