ANALYSIS OF THE STRUCTURAL FUNDS IMPACT ON ECONOMIC DEVELOPMENT IN ROMANIA

The present research objective is to analyze the impact of structural funds available in Romania during 2007 - 2013, especially for economic development of the Romania’s Western Region. The impact analysis will focus on the analysis of evolution of some socio-economic indicators such as absorption rate of structural funds, Gross Domestic Product per capita (GDP), employment rate, unemployment, job vacancies, and the average net salary. The working hypothesis is a high absorption rate of the structural funds can positively influences the economic development of the Romania and especially of the Western Region, which is subject of the case study in this paper