Macedonia’s Lagging Behind in Efficient Usage of EU Funds (IPA, Framework Programmes) – Analytica’s Analysis
Macedonia’s Lagging Behind in Efficient Usage of EU Funds (IPA, Framework Programmes) – Analytica’s Analysis

Author(s): Sonja Risteska
Subject(s): Supranational / Global Economy, Governance, Economic policy, International relations/trade, Economic development, Financial Markets
Published by: Аналитика Тинк-тенк Организација
Keywords: North Macedonia; EU funds; modernization and development; IPA; Structural Funds; Research Framework Programmes; financial agreements; economic development; sustainable growth;
Summary/Abstract: The progress regarding to Chapter 22 from the acquis communautaire which is connected to the regional policy and coordination of structural instruments, is crucial for the EU candidate and potential candidate countries in becoming proficient in European affairs. Different types of funds are provided by the EU for decades now to help regions that are lagging behind in their modernization and development. In order to take a full advantage of the benefits that IPA and later on the Structural Funds provide, the countries will have to keep on with the reforms and create an effective and properly functioning institutional and legislative system as well as an appropriate administrative capacity that will be able to successfully manage these funds. Apart from the IPA and the Structural Funds there are also other EU Funding Opportunities as the Framework Programmes for Research and Innovation, open for research organizations and SME’s from all over the world. EU’s main idea behind this is that “in an open global economy, competitiveness lies in the capacity of businesses to create high value-added goods and services. A move towards innovation-based sustainable growth is therefore at the heart of the EU's response to globalisation.”

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