THE LANDSCAPE OF EU FINANCIAL ASSISTANCE FOR REGIONAL DEVELOPMENT DURING 2014 ? 2020 PROGRAMING PERIOD
Autor (i): Gabriela Marchis
JEL: R11; O18
Cuvinte cheie: structural programme loans; development strategies; ESI funds;
Abstract:
The 2014-2020 programing period is characterized by a wide range of financial instruments that aim to produce social and economic cohesion between EU member states and among EU regions, as well. Together with the “classical” financial instruments, well-known as Structural Funds (which are divided into 5 main funds, for 2014-2020 – Cohesion Fund; European Regional Development Fund; European Social Fund; European Agricultural Fund for Rural Development; European Maritime and Fishery Fund) additional financing resources are assumed to support regional development in Europe, such as European Fund for Strategic Investments, JASPER initiative, Structural Programme Loans and so on. This paper tries to identify the relations and linkages between different sources for financing regional projects of investments and also, to provide information about the integrated solutions of financing regions in order to achieve economic prosperity, social cohesion and environmental sustainability.
The 2014-2020 programing period is characterized by a wide range of financial instruments that aim to produce social and economic cohesion between EU member states and among EU regions, as well. Together with the “classical” financial instruments, well-known as Structural Funds (which are divided into 5 main funds, for 2014-2020 – Cohesion Fund; European Regional Development Fund; European Social Fund; European Agricultural Fund for Rural Development; European Maritime and Fishery Fund) additional financing resources are assumed to support regional development in Europe, such as European Fund for Strategic Investments, JASPER initiative, Structural Programme Loans and so on. This paper tries to identify the relations and linkages between different sources for financing regional projects of investments and also, to provide information about the integrated solutions of financing regions in order to achieve economic prosperity, social cohesion and environmental sustainability.
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