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Regional Policy - Major Part in the European Union

Alina Voiculeþ ()
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Alina Voiculeþ: "Constantin Brâncoveanu" University of Pite?ti

Ovidius University Annals, Economic Sciences Series, 2016, vol. XVI, issue 1, 127-131

Abstract: European Union Member States and regions are not identical in terms of their level of development. Moreover, there are differences in the development level even within each country. Disparities among regions and countries are not only historical, but also natural. Unequal developments are obstacles to the integration process, the free movement of capital is impeded, which means reducing the possibility of eliminating existing differences. Therefore, regional policy primarily aims at reducing economic and social disparities among the different regions of Europe, starting from the heterogeneity of components.

Keywords: regional policy; regional disparities; economic and social cohesion; economic crisis. (search for similar items in EconPapers)
JEL-codes: F15 (search for similar items in EconPapers)
Date: 2016
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