Download or read book EU Structural Funds and Regional Income Convergence written by Philipp Breidenbach and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The European Cohesion Policy and European Regional Development Fund Conditional Effectiveness and Convergence in the Solow Model written by Thomas Craemer and published by GRIN Verlag. This book was released on 2017-12-08 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the EU is growing ever closer as a single economic entity, the difference in wealth and economic power among its member nations – from Germany and France to Romania and Bulgaria – is still enormous. This is despite the European Union’s continuous efforts to reduce welfare differences between its member states since its foundation in 1958: The long-term objective of the EU is a convergence of income and GDP per capita levels within the entire Union. This policy is known as European cohesion policy, which nowadays accounts for more than one third of the EU’s total budget. The vast financial importance of the cohesion policy naturally begs two questions: Are structural funds effective in promoting economic growth? And if so, do they promote income and welfare convergence within the EU? Yet most studies so far have merely yielded fragmented results, as they only focus on single EU member states, or consist of data for short time periods. In contrast, this study captures long-term effects of structural funds in the recent past and delivers accurate and meaningful empirical results. It focuses on data for the European Regional Development Fund since this is the most important item of cohesion policy which financially supports projects that aim to foster convergence directly. In this book: - European cohesion policy; - structural funds; - European Regional Development Fund; - economic convergence; - Solow-Model; - growth theory

Download or read book Regional Economic Performance Within the European Union written by Kenneth Button and published by Edward Elgar Publishing. This book was released on 1999 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the extent to which spatial economic convergence has taken place in the EU and analyzes the effectiveness of regional policy. Looks at differing economic features of European regions and provides an institutional background to regional policy at both the national and Union level. Assesses key regional policy instruments, paying particular attention to the role of infrastructure investment as a tool for enhancing regional growth, and analyzes the extent to which economic convergence, for example in terms of income and employment, has materialized across regions. The editors are associated with George Mason University, US, and Loughborough University, UK. Annotation copyrighted by Book News, Inc., Portland, OR

Download or read book EU Regional Policy and the Neighbour s Curse written by Philipp Breidenbach and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European structural and investment funds (ESIF) constitute the prime instrument of EU regional policy. We study the ESIF's effectiveness in terms of fostering intra-EU income convergence through investment support to lagging regions. Our empirical results for the period 1997-2007 indicate that the ESIF's contribution to income growth is insignificant or even negative for several peripheral EU regions. We argue that the negative link between funding and regional growth is mainly attributable to spatial spillovers. While the latter may reflect the intensified competition for scarce production factors among highly funded regions in geographical proximity, we also discuss the role played by structural backwardness in a macro-regional context to explain this sobering result. As such, we show that negative funding effects significantly correlate with lower levels of regional institutional quality. Taken together, our findings indicate that unintended distortionary effects restrain EU regional policy from working effectively to foster income convergence.

Download or read book The Regional Dimension in European Public Policy written by Reiner Martin and published by Springer. This book was released on 1999-05-09 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses EU regional policy and its co-ordination with other European and national public policies, namely investment grants, research and development policy and transport policy. The analysis identifies shortcomings within EU regional policy as well as co-ordination, problems with other public policies.

Download or read book Regional Convergence in the European Union written by Juan R. Cuadrado-Roura and published by Springer. This book was released on 2010-12-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The introduction of the single currency in the European economic space constitutes without doubt the most visible step towards monetary and economic integration in the EU. Those who boosted the birth of the Common Market in 1957 dreamt that this would one day come about as a logical consequence of the integration process. However, things have gone much more slowly than possibly imagined, although if taken in an adequate historic perspective, it is undeniable that the agreements that have led to European Monetary Union signify a really formidable jump in the process of political and economic integration in Europe. This is something many doubted would ever happen, but which is already a reality, although still in need of a period of consolidation. The most general economic consequences of the EMU have already been analysed in considerable depth. Proof of this is the literature already available. In general, there is coincidence in affirming that the balance of the results expected is clearly positive. Firstly, as a result of the anticipated gains in efficiency, a consequence of reduction of transaction costs associated to the previous existence of different currencies and of the elimination of exchange rate uncertainties.

Download or read book Regional Policy in the EU written by Reiner Martin and published by . This book was released on 1998 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Regional Convergence in the European Union written by Juan R. Cuadrado-Roura and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: The introduction of the single currency in the European economic space constitutes without doubt the most visible step towards monetary and economic integration in the EU. Those who boosted the birth of the Common Market in 1957 dreamt that this would one day come about as a logical consequence of the integration process. However, things have gone much more slowly than possibly imagined, although if taken in an adequate historic perspective, it is undeniable that the agreements that have led to European Monetary Union signify a really formidable jump in the process of political and economic integration in Europe. This is something many doubted would ever happen, but which is already a reality, although still in need of a period of consolidation. The most general economic consequences of the EMU have already been analysed in considerable depth. Proof of this is the literature already available. In general, there is coincidence in affirming that the balance of the results expected is clearly positive. Firstly, as a result of the anticipated gains in efficiency, a consequence of reduction of transaction costs associated to the previous existence of different currencies and of the elimination of exchange rate uncertainties.

Download or read book Effects of Policy Mix on European Regional Convergence written by Ignacio Sacristán López-Bravo and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the impact of the fiscal-monetary policy mix on the convergence on per capita income of the least developed regions (Objective 1) of the European Union (EU 28) during the implementation of the three European Structural and Investment Funds (ESIF) programmes between 2000 and 2020. The Solow-Swan growth model with control variables allows us to assess the absorption capacity of regions in the different phases of the economic cycle. The empirical results show the effectiveness of EU Regional and Cohesion Policy. However, the combination of fiscal and monetary policy shows an impact that is asymmetric, depending on the region. Thus, a policy mix of fiscal restraint and monetary expansion would boost growth in all regions, but would slow down the convergence process in Objective 1 regions.

Download or read book Regional Aid and Convergence written by John Bradley and published by . This book was released on 1995 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many aspects of public investment in the European periphery now fall within the scope of the EU's regional aid programme, the Community Support Framework (CSF). This book describes the logic behind the design of the CSF and how its macroeconomic impact can be evaluated.

Download or read book The role of fiscal transfers for regional economic convergence in Europe written by Cristina Checherita and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Funds and Games written by Sjef Ederveen and published by . This book was released on 2002 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Convergence in the Euro Area Coming Together or Drifting Apart written by Mr.Jeffrey R. Franks and published by International Monetary Fund. This book was released on 2018-01-23 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine economic convergence among euro area countries on multiple dimensions. While there was nominal convergence of inflation and interest rates, real convergence of per capita income levels has not occurred among the original euro area members since the advent of the common currency. Income convergence stagnated in the early years of the common currency and has reversed in the wake of the global economic crisis. New euro area members, in contrast, have seen real income convergence. Business cycles became more synchronized, but the amplitude of those cycles diverged. Financial cycles showed a similar pattern: sychronizing more over time, but with divergent amplitudes. Income convergence requires reforms boosting productivity growth in lagging countries, while cyclical and financial convergence can be enhanced by measures to improve national and euro area fiscal policies, together with steps to deepen the single market.

Download or read book Innovations in Urban and Regional Systems written by Jean-Claude Thill and published by Springer Nature. This book was released on 2020-05-11 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents cutting‐edge research on urban and regional systems applying modern spatial analytical techniques of Geographic Information Science & Technologies (GIS&T), spatial statistics, and location modeling. The contributions, written by leading scholars from around the globe, adopt a spatially explicit analytical perspective and highlight methodological innovations and substantive breakthroughs on many facets of the socioeconomic and environmental reality of urban and regional contexts. The book is divided into three parts: The first part offers an introduction to the research field, while the second part discusses critical issues in urban growth and urban management, presenting case studies on city and urban environments, their growth, data infrastructures and spatial and management issues. The third part then broadens the analysis to the regional scale, addressing growth, convergence and adaptation to new economic and information‐based realities. This book appeals to scholars of spatial and regional sciences as well as to policy decision-makers interested in advanced methods of spatial analysis, location modeling, and GIS&T.

Download or read book New Directions in Economic Geography written by B. Fingleton and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a serious attempt to cover all of the relevant subdisciplines in the geographical economics framework. . . I would recommend the book to students of economic geography, regional economics, and related disciplines. Frans Boekema, Journal of Regional Science . . . this book is empirically and theoretically comprehensive in its scope. The nearly eighteen authors who have contributed to this book present a truly transatlantic perspective on NEG. . . this volume will be extremely useful to those dealing with rigorous modelling to examine spatial issues in economics, geography and planning. Rajiv Thakur, Regional Science Policy and Practice I recommend the book. . . The papers of a high quality, well written and organized; empirical analyses are based on the most advanced empirical techniques, and the reader enjoys their application. Roberta Capello, Growth and Change A very interesting volume indeed, recommended reading for everyone interested in theorizing space in economics or working in the empirical spatial-economic research arena. Economic Geography Research Group This important book explores original and alternative directions for economic geography following the revolution precipitated by the advent of so-called new economic geography (NEG). Whilst, to some extent, the volume could be regarded as part of the inevitable creative destruction of NEG theory, it does promote the continuing role of theoretical and empirical contributions within spatial economic analysis, in which the rationale of scientific analysis and economic logic maintain a central place. With contributions from leading experts in the field, the book presents a comprehensive analysis of the extent to which NEG theory is supported in the real world. By exploring whether NEG theory can be effectively applied to provide practical insights, the authors highlight novel approaches, emerging trends, and promising new lines of enquiry in the wake of advances made by NEG. Rigorous yet engaging, this book will be an essential tool for academics and researchers specialising in regional studies, urban and spatial economics and economic geography. It will also have widespread appeal amongst policymakers involved in planning and land use.

Download or read book Successes Failures in EU Cohesion Policy An Introduction to EU Cohesion Policy in Eastern Central and Southern Europe written by Ida Musiałkowska and published by De Gruyter Open. This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regions in the EU's Eastern and Southern peripheries tend to perform badly across many rankings from economic development, to quality of government, social justice and innovation potential, despite the fact that the vast majority of EU structural funding has been spent in these countries. However, these countries followed different development trajectories and reacted differently to the economic crisis. Some of them still struggle, others thrive, others, after years of structural transformation, are stuck in a middle-income trap. Successes and failures as a result of EU cohesion implementation are a valuable source of feedback for future plans. Southern part of the EU, and Central and Eastern Europe provide an excellent opportunity to evaluate them, The whole implementation exercise is sometimes challenging to accomplish, as both the public and private sectors have low absorption capacity. In contrast, positive experiences also emerged. Regions in Central and Eastern European countries witnessed improvements in the form of change in GDP per capita, benchmarked against the EU average during the years 2008-2015, while Southern Europe improved similarly between 2000-2008. In this volume, the authors cover a variety of aforementioned problems and experiences of either all member states, with special attention to peripheral countries, or to sectoral or regional problems in selected countries. The book begins with an overview of the issues of economic convergence and quality of life in all member states. It also addresses political aspects of EU cohesion policy, including involvement of civil society into this public policy, as well as relationships between cohesion policy support and EU identification. The final section discusses an important novelty in the framework of EU cohesion policy, namely the JESSICA initiative, that is, an instrument offering repayable and recyclable funding targeted at economically-viable and sustainable urban development projects.

Download or read book EU Cohesion Policy written by John Bachtler and published by Routledge. This book was released on 2016-10-26 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Open Access version of this book, available at http://www.tandfebooks.com/doi/view/10.4324/9781315401867, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 3.0 license. This book brings together academics, members of European institutions, and regional and national level policymakers in order to assess the performance and direction of EU Cohesion policy against the background of the most significant reforms to the policy in a generation. Responding to past criticisms of the effectiveness of the policy, the policy changes introduced in 2013 have aligned European Structural and Investment Funds with the Europe 2020 strategy and introduced measures to improve strategic coherence, performance and integrated development. EU Cohesion Policy: Reassessing performance and direction argues that policy can only be successfully developed and implemented if there is input from both academics and practitioners. The chapters in the book address four important issues: the effectiveness and impact of Cohesion policy at European, national and regional levels; the contribution of Cohesion policy to the Europe 2020 strategy of smart, sustainable and inclusive growth; the importance of quality of government and administrative capacity for the effective management of the Funds; and the inter-relationships between institutions, territory and place-based policies. The volume will be an invaluable resource to students, academics and policymakers across economics, regional studies, European studies and international relations.