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ANALYSIS OF THE IMPACT OF EUROPEAN FUNDS ON REGIONAL, ECONOMIC, AND SOCIAL DEVELOPMENT IN CENTRAL AND EASTERN EUROPEAN COUNTRIES

Bogdan Cosmin MOLDOVAN

PhD student, Doctoral School of Economic Sciences, University of Oradea, Romania

moldovan_bogdan_cosmin@yahoo.com

Abstract

The present research aims to analyze the impact of European funds on regional, economic and social development among Central and Eastern European states, a useful analysis in the framework of future financial exercises.

The purpose of this research is to explore ways to enhance the standard of living and improve the absorption rate of European funds in Central and Eastern Europe by: identifying how these countries manage European funds, including the funds in which they co-finance projects, analyzing the main shortcomings of the current systems, and proposing viable solutions to optimize the fund absorption model.

Keywords: European funds, impact of European funds, regional development, economic and social development

JEL clasification: F62, F63, F65

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