Priorities of the European Union structural funds in Zemgale Region (Latvia)
2010
Jankova, L., Latvia Univ. of Agriculture, Jelgava (Latvia) | Pilvere, I., Latvia Univ. of Agriculture, Jelgava (Latvia)
Starting from May 1, 2004 Latvia as one of the EU member states has received the possibility to use the European Union (EU) Structural Funds (SF) for equalisation of regional disparities. The research focuses on the analysis of Structural Funds uptaking in Latvia for the period of 2004-2006, when Latvia received public financing from the Structural Funds amounting to LVL 462 million, of which Zemgale region received 11%. The research provides the assessment of the main regulatory enactments and characteristics of the five strategic priorities prescribed by the SF. The research dwells upon the evaluation of financing attracted through the SF priorities, number of implemented projects, and operating efficiency in Latvia and Zemgale as one of the central regions of Latvia. Totally 7571 projects have been implemented in Latvia, of which 13% in Zemgale. The largest number of projects has been implemented in Priority 4 (Promotion of Development of Rural Areas and Fisheries) – 50% in Latvia, while 75% of total number of projects have been implemented in Zemgale. The authors have chosen 3 main indicators to determine the operating efficiency of Structural Funds. The authors have calculated the actual use of the SF public financing per 1000 inhabitants, 1000 economically active enterprises and LVL 1000 of Gross Domestic Product (GDP) for the period of 2004-2006.
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