Regional disparities in Europe: should we be concerned?

Gergely Hudecz, Edmund Moshammer and Thomas Wieser
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Gergely Hudecz: ESM
Edmund Moshammer: ESM

Discussion Papers from European Stability Mechanism

Abstract: The economic impact of the coronavirus is likely to differ from region to region, depending on their sectoral specialisation, and may exacerbate regional disparities. This paper provides an overview of how regional disparities have evolved since the euro’s inception with an aim to help policymakers develop appropriate policy responses to support recovery following the economic shock caused by the coronavirus, and maintain the convergence process. Modes of regional support and policy intervention are crucial to helping adjustment and boosting productivity to ensure long-term sustainability and income convergence.

Pages: 53
Date: 2020-07-15, Revised 2021-10-25
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