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

The financing of regional policy and, in general terms, of the economic and social cohesion from structural and cohesion funds is important due to its results, with regard to costs and net benefits on the development of Romania... (see full summary)

The Importance of S
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.
: economic integration; in
JEL Classification: F15; F36; F55
1. Introduction
Goals of Regional Developme
basic objectives of the regional d
Senior Lecturer, PhD, Danubius Universit
Galati, Romania. Tel.: +40372361102, f
ax. +
Performance and Risks in the Eu
f Structural and Cohesion Funds on Regi
Development in Romania
Manuela Panaitescu
ing of regional policy and, in general terms, of the economic a
hesion funds is important due to its results, with regard to cost
Prior Work: this work con
tinues prior research carried o
Management” MA thesis;
: 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
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
x. +40372361290
Corresponding author: manuelapanaitescu@uni
opean Economy
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
ivity, fostering
g to better living
AP) implements
within its scope.
f using the grants
ial and territorial
s of the strategy.
bor force market,
, improving the
ation and culture.
ress: 3 Galati Blvd.,

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