USV Annals of Economics and Public Administration (Dec 2019)
Structural Funds in the North-East Region of Romania: Financial Allocation 2007-2013
Abstract
In this article we want to analyze the impact of the structural and cohesion funds in the North-East Region of Romania. At the theoretical level, several authors have pointed out that the more economically developed regions tend to attract more funds than the poorer ones, as they can provide more financial resources needed to co-finance the projects. In this article we want to see if this statement is maintained at county level, practically at the North-East Region level, the differences between counties are noticeable, which raises problems in the application of many development policies and strategies. Following the analysis of the statistical data related to the financial allocation 2007-2013 we find that the economically developed counties tend to attract more projects and implicitly absorb more funds than the poorest ones.