Low absorption of European funds as a risk factor for Romania Cover Image

Absorbția redusă a fondurilor europene ca factor de risc pentru România
Low absorption of European funds as a risk factor for Romania

Author(s): Marian Enache
Subject(s): Politics / Political Sciences, History, Social Sciences, Law, Constitution, Jurisprudence, Essay|Book Review |Scientific Life, Geography, Regional studies
Published by: Centrul de Strategii Aplicate
Keywords: România; Uniunea Economică; fonduri europene; coeziune; creștere economică

Summary/Abstract: The study starts by noticing that Romania underperformed in attracting European funds in the period 2007-2013, both when comparing the sums absorbed with those allocated by the European Union, and when comparing its performance with that of other receiving member states. It then outlines the overall increase of allocations for the financial multiannual framework 2014/2020 and identifies three systemic risks which will confront Romania during this period: the persistence of a low absorbtion level, the financial volatility of the beneficiary institutions (be they public institutions, economic agents or NGOs), and the insufficient linkages with the broader economy and society.

  • Issue Year: 2013
  • Issue No: 1
  • Page Range: 7-16
  • Page Count: 9
  • Language: Romanian