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THE TERRITORIAL DISTRIBUTION OF STRUCTURAL FUNDS IN THE NORTH-EAST REGION OF ROMANIA
Abstract
Stimulating economic growth is one of the key issues of economic sciences. The European Union has developed several policies and has allocated a considerable budget to reduce economic disparities among its members.
The states that joined the EU in 2004 and 2007 undertake extensive efforts to align their economy with the community level.
But a new problem arises, there is a risk that more economically developed areas absorb more funds that less developed ones, and thus amplifying the disparities within the region.
This paper shows that this problem is found in the North-East Region of Romania, and as a consequence additional problems appear, that affect the sustainable economic development.Keywords
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