THE E.U. REGIONAL POLICY AND THE ECONOMIC DEVELOPMENT

Adrian Liviu Scutariu ()
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Adrian Liviu Scutariu: “ªtefan cel Mare” University of Suceava, Romania

The USV Annals of Economics and Public Administration, 2016, vol. 16, issue 1(23), 56-64

Abstract: The purpose of this paper is to reveal some aspects regarding the evolution of disparities in the European Union, the absorption of the Structural Funds in 2007-2013 period and the regional policy effects. EU expanded in the latest decades, having now regions with different level of development, so that is why economic disparities became higher in the EU. In order minimize them and to consolidate the regional competitive capacity, the regional development policy gained more importance and more funds were allocated to it. The bigger part of these Structural Funds are designated to less developed regions. For 2007-2013 period, the level of the funds absorption is different for the EU countries, as well as the growth of GDP. In the EU, more than a quarter of the regions are less developed with a GDP/inhabitant expressed in Purchasing Power Standard

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:scm:usvaep:v:16:y:2016:i:1(23):p:56-64

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