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EUROPEAN STRUCTURAL FUNDS IN ROMANIA: ABSORPTION AND IMPACT ON THE AGRICULTURAL SECTOR.

Authors :
MANOLACHE, Beatrice-Simona
MANOLACHE, Constantin
STANCIU, Silvius
Source :
Scientific Papers Series Management, Economic Engineering in Agriculture & Rural Development; 2023, Vol. 23 Issue 2, p421-426, 6p
Publication Year :
2023

Abstract

The paper proposes an analysis of the effective rate of absorption of European Structural Funds in Romania, allocated to the national agricultural sector, in the period 2019-2022.The research was carried out on the basis of the official information, provided by the Romanian and European statistical systems. National Institute of Statistics and the Ministry of Agriculture and Rural Development. The results of the research show a strong correlation between the effective absorption rate of the European Structural Funds and the total net investments in the agricultural sector at the national level. Agriculture can be considered as a model for the other domestic economic sectors from the perspective of the degree of absorption of European funds. Considering the importance of the agricultural sector, it is necessary that the value of net investments increases, regardless of the source of financing used, but above all that farmers make the most of the opportunity to access non-reimbursable structural funds. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
22847995
Volume :
23
Issue :
2
Database :
Complementary Index
Journal :
Scientific Papers Series Management, Economic Engineering in Agriculture & Rural Development
Publication Type :
Academic Journal
Accession number :
169965498