en

Prawne aspekty funkcjonowania unijnych instrumentów finansowych, dedykowanych państwom Śródziemnomorza

2012, 2012 (24), No. 1

Warsaw University

DOI

-

Publication date

26.07.2012

Publishing model

open access

License type


Field

Social sciences

Discipline

international relations, economics and finance, communication and media studies, political science and public administration, management and quality studies, law, sociology

Language of publication

Polish

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Article

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Abstract

The article is the analysis of legal documents regulating the functioning of EU financial instruments dedicated to the Mediterranean countries. The so-called. “Arab Spring of Nations”, in conjunction with the deepening economic crisis within the EU, tend to reflect on the merits of the current foreign policy, the availability of resources and possible verification purposes and methods of operation. The author discusses the following financial instruments: MEDA I, II MEDA, ENPI (European Neighbourhood and Partnership Instrument), FEMIP (Facility for Euro-Mediterranean Investment and Partnership), NIF (Neighbourhood Investment Facility) and the Infrastructure Fund InfraMed. Observations made in this document lead to the conclusion that the applicable law governing the functioning of EU financial instruments, dedicated to the Mediterranean countries, does not reflect the current situation and require urgent changes. The objectives of financial instruments presented in the absolute majority have not been realized. There is a lack of flexibility, longterm disadvantages of planning, bureaucratic and institutional mechanisms for enhanced partnership and distribution of resources – not very useful in the face of rapid social change, economic crisis and conflicts. In the face of crisis, it is also necessary, in the author’s view, to introduce savings and cuts, not only in the amount of the assistance, but in the same EU institutions involved in the distribution of goods.