ROMANIA’S REGIONALIZATION PROJECT
Paul Lucian ()
Additional contact information
Paul Lucian: "Lucian Blaga" University, Sibiu
THE YEARBOOK OF THE "GH. ZANE" INSTITUTE OF ECONOMIC RESEARCHES, 2013, vol. 22, issue 1, 75-80
Abstract:
Article 235, paragraph I of the Treaty of Rome provide insight for reducing disparities between the regions of the Member States. The Maastricht Treaty introduced the concept of economic and social conditions that have to be met by those who receive financial aid from the European Union, in order to alleviate regional disparities. The Regional Policy is a common policy developed by the European Union. The E.U. is the strongest international regional organization to date; regional disparities have increased after the enlargement towards Central and Eastern Europe. Common regional policy means the transfer of competence in terms of economic and social development, from central to local level. Romania is facing the most serious regional disparities in Europe and seeks to mitigate their needs of capital inflows or foreign investment, funding from foreign banks, foreign workers from abroad through European funds. Due to the current economic and financial crisis, the only solution is the absorption of European funds. For efficient absorption of EU funds it is necessary to complete the process of regionalization, meaning the division of the country in 10 region, one of which is Sibiu region
Keywords: structural funds; regional; economic and social cohesion; financial year; the common regional policy (search for similar items in EconPapers)
Date: 2013
References: View complete reference list from CitEc
Citations:
Downloads: (external link)
http://ices.acadiasi.ro/RePEc/zan/ygzier/2013/YGZIER_V22_ISS1_75to80.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:zan:ygzier:v:22:y:2013:i:1:p:75-80
Access Statistics for this article
THE YEARBOOK OF THE "GH. ZANE" INSTITUTE OF ECONOMIC RESEARCHES is currently edited by DANIELA MATEI
More articles in THE YEARBOOK OF THE "GH. ZANE" INSTITUTE OF ECONOMIC RESEARCHES from Gheorghe Zane Institute for Economic and Social Research ( from THE ROMANIAN ACADEMY, JASSY BRANCH) Contact information at EDIRC.
Bibliographic data for series maintained by Alecu Ionel Ciprian ().