2013RePEc: Research Papers in EconomicsRequires access

Priorities in Investment Decisions for Rural Development in Romania

Ana Popa, Laura Giurcă Vasilescu

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Abstract

Romania joined the European Union- EU -in 2007, as an emerging economy and rural by excellence and this feature is keeping even in 2012. Difficulty in establishing investment priorities for rural development in Romania is caused by the large size and fragility of the rural area and the fact that all inputs have an inadequate level. The objectives of rural development are strongly influenced by national policy and European policy of the European Union, but also by the politics of international organizations (World Bank Group-WBG, Food and Agriculture Organization-FAO). Investment for climate changes and for infrastructure is strongly correlated and is vital in all states, including Romania. The six EU Priorities for rural development in the period 2014-2020 are also considering priorities for increasing education level and social inclusion in the rural areas, which are other pressing needs in Romania in order to move to a modern agriculture.

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Romania joined the European Union- EU -in 2007, as an emerging economy and rural by excellence and this feature is keeping even in 2012. Difficulty in establishing investment priorities for rural development in Romania is caused by the large size and fragility of the rural area and the fact that all inputs have an inadequate level. The objectives of rural development are strongly influenced by national policy and European policy of the European Union, but also by the politics of international organizations (World Bank Group-WBG, Food and Agriculture Organization-FAO). Investment for climate changes and for infrastructure is strongly correlated and is vital in all states, including Romania. The six EU Priorities for rural development in the period 2014-2020 are also considering priorities for increasing education level and social inclusion in the rural areas, which are other pressing needs in Romania in order to move to a modern agriculture.

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Available abstract

Romania joined the European Union- EU -in 2007, as an emerging economy and rural by excellence and this feature is keeping even in 2012. Difficulty in establishing investment priorities for rural development in Romania is caused by the large size and fragility of the rural area and the fact that all inputs have an inadequate level. The objectives of rural development are strongly influenced by national policy and European policy of the European Union, but also by the politics of international organizations (World Bank Group-WBG, Food and Agriculture Organization-FAO). Investment for climate changes and for infrastructure is strongly correlated and is vital in all states, including Romania. The six EU Priorities for rural development in the period 2014-2020 are also considering priorities for increasing education level and social inclusion in the rural areas, which are other pressing needs in Romania in order to move to a modern agriculture.

Key concepts: European union, Rural area, Agriculture, Investment (military), Economic growth, Agribusiness, Economic policy, Business

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