Acta Universitatis Danubius. Œconomica, Vol 9, No 6 (2013)
EU Funds and the Cohesion Policy
Abstract
There are some factors that influence the link between the effect of Structural finds on economic growth and the national characteristics of member states and/or recipient regions. The study tries to catch these aspects, also presenting an EU funds implementation model. Moreover, it reveals the evolution of the shares of cohesion policy in the EU budget, given that the aim of this policy is to stimulate the potential of endogenous development of EU regions and to reduce the social and economic disparities between them. The study briefly presents the conclusions of one if the most important documents drawn up by the European Commission, in this field up to present, emphasizing the strong and week points identified in the financial perspective 2007-2013.
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