Risk in Contemporary Economy (Jul 2019)

Cross-border Cooperation and the Impact of Cross-border Financing Programs on the Local Development at the Eastern Borders of Romania

  • Adrian Buta,
  • Mihaela Neculita,
  • Raluca Vasile Rusu

Journal volume & issue
Vol. 1, no. 1
pp. 165 – 174

Abstract

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With a view to elaborating local development initiatives and putting into effect certain local strategies, the community will always need structures that would call on cross-border cooperation programs in order to implement strategic projects in areas such as health, culture, entrepreneurship and education. This paper shows the opportunities provided by cross-border cooperation programs for local development using clear examples of implemented projects. The impact of implementing such initiatives is reflected in building external relations necessary for regions development, certain poles of regional development among European regions and regions outside the European Union. The paper proposes an integrate analysis of cross-border cooperation by means of data provided by national institutions. The purpose of the paper is to evaluate the impact of cross-border funding programs on local development and to find the reasons of present evolution.