Online ISSN 2286-0266
Print ISSN 1223-0685
© 2024 Œconomica by ASE & SOREC
 
Oana Maria STEPAN
Universitatea din Craiova
In this study, we aimed to present the macroeconomic context in which structural funds are absorbed and used efficiently. The authors focus to highlight to correlation between structural funds and the influences arising from the way they reacted to the main monetary and economic variables, such as Romania’s various shocks between 2002 and 2013. The analysis is based on the impact generated by the use of technological systems and generalization of data in the current macroeconomic and monetary framework. Thus, we included variables that capture the evolution of gross domestic product, inflation, interest rates, unemployment, monetary and wage index – which are the determinants of the capacity of absorption structural funds and also result indicators for the effects of the interventions financed. Furthermore, from the key interventions from the government, the present research reveals that the interest rate channel has won consistency in recent years, which facilitates the increased absorption of structural funds.

ŒCONOMICA no. 3/2015
Keywords: projects financed from EU funds, absorption rate, financing the economic growth, EU structural funds
JEL: E32, F43
The Analysis of the EU Funds Financing Capacity Correlated with the Main Macroeconomic Indices, in Romania [Analiza capacităţii de finanţare a fondurilor europene în corelaţie cu principalii indicatori macroeconomici, în România]