Achievements and Prospects of the Absorption of Structural and Cohesion Funds under the Impact of Global Crises

Camelia Nicoleta Medeleanu () and Mihaela Dana Ignat ()
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Camelia Nicoleta Medeleanu: Alexandru Ioan Cuza University, Faculty of Philosophy and Social and Political Sciences, Department of Sociology and Social Work, Iași, Romania
Mihaela Dana Ignat: Alexandru Ioan Cuza University, Faculty of Faculty of Economic and Business Administrations, Iasi, România

Chapter 43 in Rethinking Social Action. Core Values in Practice, 2017, vol. 1, pp 470-482 from Editura Lumen

Abstract: Regional development and socio-economic cohesion is macro processes that are involved and engaged in all EU Member States. Romania, a full member on 1 January 2007, could not miss, but the degree of participation and profitability absorption of Structural Funds and Cohesion (FSC) - the main instruments for the implementation of cohesion policy in the Community - is different other countries because it raised the necessities and less possibilities, nor to be reformed so as to be a more active partner and valued in the struggle for development and intra-community cohesion. Romania has the lowest uptake of FSC in the EU at a rate of reimbursement requests in Brussels at the end of March 2016, only 61.57%. In this article we try to disseminate the causes of this low absorption, taking account of experience to date and the imperative for Romania to improve its absorption in 2014-2020.

Keywords: Regional development; social cohesion; structural funds and cohesion; low absorption; regional disparities (search for similar items in EconPapers)
JEL-codes: A3 I2 I3 M0 (search for similar items in EconPapers)
Date: 2017
ISBN: 978-1-910129-14-2
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Persistent link: https://EconPapers.repec.org/RePEc:lum:prchap:01-43

DOI: 10.18662/lumproc.rsacvp2017.43

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