Abstract:
Two worldwide processes are putting pressure more and more on the
rural development policy at the international level lately. First of all, the
trends in climate change and the competition between agriculture and other
sectors for the natural resources exacerbate competition and conflicts over
access to land, water and biological resources and accentuate extreme
poverty and hunger. Second, the rural policy will continue to play a vital role
in helping all the countries to achieve the wider objectives of sustainable
growth, job creation and competitiveness. This research is based on the news
adjustments of the European Common Agricultural Policy -CAP - face to
mitigate the effects of the new process: the rising global food prices. In brief,
the news updates on the rural development policy are all about freeing the
farmers to meet growing demand and respond quickly to what the market is
telling them. Therefore, this paper investigates and analyzes the financial
impact of these news updates, because the rural development needs to be
organized and financial encouraged. The quintessence: the rural
development, particularly in the developing countries, needs to be
accompanied by the allocation of legal rights and adequate and stronger
financial resources to local stakeholders. The two developed economies
created one American model and one European model for the rural
development. For Romania, the problem is that the rural development policy
should include action to flexible financial support, but also the foreign
investments and transnational corporations, because these are very
important in the market economy.
