HYPERION ECONOMIC JOURNAL

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• Volodea Mateevici, PhD Student, Affiliation: IOSUD-SDSE Valahia University of Targoviste, Romania;

Projects with non-reimbursable financing have an important role in the economic and social development of Romania, constituting a way of accessing external assistance. The needs to adjust the legislative and methodological basis for a successful implementation of the projects are becoming more and more felt. Non-reimbursable financing aims to support the carrying out of activities that are important for certain segments of society or for the overall development of the economic body and social, in areas for which, due to the economic situation, there are not enough accessible financial resources (for example, infrastructure rehabilitation in poor regions, professional retraining, support for the development of the NGO sector as a partner of public authorities) or areas where traditionally there are a need for financial resources greater than availability (eg social activities). Most financing of this type is granted to Romania by other states or international institutions, the Romanian society being in the middle of a process of social change, of modification of social and economic structures, as well as mentalities, collective representations, social practices, styles behavioral. The grant system is one of the components of the wider mechanisms of collaboration between different states, having the character of aid granted to support the solution of exceptional situations in which the state receiving this aid does not have the expertise or the human and material resources necessary to try to themselves an effective solution. For this reason, the actual financial resources are accompanied by a whole specific methodology that must be respected in the process of granting financing and through which certain elements of social philosophy are implemented that have proven their validity in similar situations encountered both in Romania and in other states.

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