In the current decentralization reforms and severe budget constraints faced by Eastern European countries, we consider as imperative to analyze the effectiveness of structural funds management at regional level. Therefore, the purpose of this study was to estimate the technical efficiency of...

The capacity of structural funds absorption is a priority for the member states of the European Union which accessed the EU in 2004 and 2007, but slowing rates of the absorption capacity of these funds were noticed in comparison to the absorption rates of pre-accession funds. Within the context...

Most Central and Eastern European countries have encountered problems in attracting EU structural funds in the post accession period. This paper analyzes the CEE absorption capacity of EU structural funds in 2007-2010, focusing on the case of Romania. Romania recorded at the end of 2010 the...

This paper analyzes the Romanian absorption capacity of the funds allocated through the REGIO programme, which is part of ERDF programme. Within the paper are presented the concept of absorption capacity and several opinions regarding its main composing elements. Also the Regio programme, its...

Statement by Dr. Raghuram Rajan on taking office on September 4, 2013. [RBI Press release].

In this paper, we examine the impact of institutional quality on the returns on key drivers of economic growth in 230 European Union (EU) NUTS-2 regions from 2009 to 2017. To estimate region-specific elasticities, we employ a latent class modelling approach, considering the quality of government...