Romanian Agriculture and the European Financial Assitance Implications
Mihaela Neculiță, Daniela Ancuţa Şarpe, Vasile Mazilescu
Abstract
Mihaela Neculiță, Daniela Ancuţa Şarpe, Vasile Mazilescu
Abstract
Agriculture is very important for the regional economy. Despite Romania’s great agricultural potential, the agricultural products processing capacity is low because of the outdated technologies. The high fragmentation of the cultivated land in small parts is another obstacle for agricultural development. The low economical potential of small farms and their inefficient management determined the underdevelopment of the agricultural products processing sector. Romania must quickly adapt the agricultural economy and rural development for a better integration on the Unique Market, using the European funds.
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Agriculture is very important for the regional economy. Despite Romania’s great agricultural potential, the agricultural products processing capacity is low because of the outdated technologies. The high fragmentation of the cultivated land in small parts is another obstacle for agricultural development. The low economical potential of small farms and their inefficient management determined the underdevelopment of the agricultural products processing sector. Romania must quickly adapt the agricultural economy and rural development for a better integration on the Unique Market, using the European funds.
Key concepts: Underdevelopment, Agriculture, Obstacle, Business, Romanian, Agricultural economics, Natural resource economics, Economic policy