The Importance of Structural and Cohesion Funds on Regional Development in Romania

• Author: Manuela Panaitescu
• Position: Senior Lecturer, PhD, Danubius University of Galati, Faculty of Economic Sciences, Romania
• Pages: 137-142

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The Importance of S

D

Abstract: Objectives

: the financing

cohesion from structural and cohes

benefits on the developm ent of Rom

“European Programs and Projects M

analysis of the legal framew ork and

on Romania; Results:

While during

Romania had been made after the

national authorities ready for the re

policy and coordination of structural

do not yet have the a dequate capacit

in terms of costs.

Keywords

: economic integration; in

JEL Classification: F15; F36; F55

;

1. Introduction

Regional development is a concept a

investments in the private sector, cur

standards. The Ministry of Regiona

the government policy in the field o

The MDRAP also ensures the prepa

given to Romania by the European U

2.

Goals of Regional Developme

The goal of the regional policy in

disparities with the other European

The main areas targeted by the regio

attracting investments, transferring

infrastructure, the quality of the envir

The

basic objectives of the regional d

1

Senior Lecturer, PhD, Danubius Universit

Galati, Romania. Tel.: +40372361102, f

ax. +

Performance and Risks in the Eu

rop



f Structural and Cohesion Funds on Regi

Development in Romania

Manuela Panaitescu

1

ing of regional policy and, in general terms, of the economic a

hesion funds is important due to its results, with regard to cost

omania;

Prior Work: this work con

tinues prior research carried o

Management” MA thesis;

Approach

: the pr imary methods used

nd other official European documents and the observation of their

ng the pre

-

accession period the financial instruments created by t

he model of structural and cohesion funds, precisely in order

reality implied by its membershi

p, the EU c ommon position on

ral instruments and documents further stated that the Romanian a

city to manage the structural instruments, which obviously has im

international institutional arrangements;

economic development

;

O10

t aiming at stimulating and diversifying economic act

curbing unemployment and, last but not least, leading

nal Development and Public Administration (MDRA

d of re

gional development, as well as in other areas w

paration, coordination, monitoring and oversight of us

n Union for the programmes in its area of responsibility

ment Policy

in Romania is to level the major economic, social

an countries, contributing to fulfilling the objectives o

gional policy are:

developing the enterprises, the labor

ing technologies, developing the SMEs sector, i

nvironment, the rural environment, healthcare, educatio

al development policy are:

sity of Galati, Faculty of Economic Sciences, Romania

.

Addres

x. +40372361290

.

Corresponding author: manuelapanaitescu@uni

opean Economy

137

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egional

ic and social

osts and net

d out for t he

sed were the

eir influence

y the EU f or

r to get the

on regional

n authorities

implications

act

ivity, fostering

g to better living

AP) implements

within its scope.

f using the grants

lity.

ial and territorial

s of the strategy.

bor force market,

, improving the

ation and culture.

ress: 3 Galati Blvd.,

niv

-danubius.ro.