Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 20 ISSUE 2
Written by Geanina-Valentina LUPU
This study follows the evolution of the implementation of the Common Agricultural Policy (CAP) in Romania between 2014-2020, wishing to highlight the characteristics and the results obtained so far. Official documents and reports of the organizations of the European Union, the Ministry of Agriculture and other authorized institutions are analyzed that reveal a series of inconsistencies between what was expected and what is happening in the economic reality of rural areas. Between 2014-March 2018, Romania managed to absorb only 16.1% of the allocated funds, the data from September 2019 show an absorption rate of 32%. The payments made to the beneficiaries of the European Agricultural Fund for Rural Development registered in the first part of 2019 an increase of the absorption of European funds up to 36.2% compared to the first part of 2016. The structural problems of the Romanian agriculture, numerous small farms, labor in this sector, inadequate and bureaucratic internal administration of funds, the structure of the CAP, made it difficult to better absorb the funds available through CAP.
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