FINANCIAL MANAGEMENT OF EUROPEAN FUNDS FOR ROMANIAN AGRICULTURE

The goal of this study is to look into how to finance the agricultural sector in Romania. The study emphasizes public institutions and their contribution in financing Romanian agriculture, as well as the results obtained by analyzing the effects of public funding on the agricultural sector, which ar...

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Bibliographic Details
Main Authors: Andrei-Cristian MATEI, Bianca-Maria MĂDESCU, Mihaela ONOFREI
Format: Article
Language:English
Published: University of Agricultural Sciences and Veterinary Medicine, Bucharest 2022-01-01
Series:Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
Online Access:https://managementjournal.usamv.ro/pdf/vol.22_2/Art59.pdf
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Summary:The goal of this study is to look into how to finance the agricultural sector in Romania. The study emphasizes public institutions and their contribution in financing Romanian agriculture, as well as the results obtained by analyzing the effects of public funding on the agricultural sector, which are critical to the economy. In this regard, we present the functionality and involvement of two important national public institutions, APIA and AFIR. The research methodology is based on qualitative methods that employ both inductive and deductive reasoning. The study's main conclusion is that European funding leads to higher in the number of new farmers as well as an increase in agricultural entrepreneurial income. Moreover, the findings of the study can help public decision-makers understand the agricultural sector's financial needs as well as its importance to the economy.
ISSN:2284-7995
2285-3952