The Contribution of European Structural Funds to the Development of Human Resources in Romania from a Regional Perspective

Abstract:     
The European structural funds are one of the biggest opportunities Romania has to resolve structural economic and social problems, especially in the current background of budget constraints due to the financial crisis. Among the European funds, ESF is particularly concerned with the development of human resources by providing them better skills and better job prospects. This paper begins by summarizing the absorption of the European structural funds in Romania at the end of 2010, and continues with the analysis of the allocation of the financial resources under the SOP-HR, the priority area of education and training in support for growth and development of knowledge based society. The paper aims to provide answers to questions like: what is the distribution of the absorbed funds on the development regions of Romania, what types of institutions absorbed the funds for the development of human resources, what is the role of higher education institutions in this process and others alike.

Number of Pages in PDF File: 8

Keywords: structural funds, European Social Fund (ESF), human resources, development region, higher education institutions (HEI)

JEL Classification: R11, O15

Accepted Paper Series