EU Cohesion Policy Funding in Estonia: Background, Developments and Challenges
Karin Kondor-Tabun and
Karsten Staehr ()
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Karin Kondor-Tabun: Ministry of Finance of the Republic of Estonia
No 21, TUT Economic Research Series from Department of Finance and Economics, Tallinn University of Technology
The EU cohesion policy funding aims to enhance economic, social and territorialcohesion across regions and countries in the European Union. This paper discusses theimplementation of the policy in Estonia since 2004 using as background information surveysof the theoretical and empirical literature and a thorough description of the institutionalframework. Estonia received cohesion policy funding amounting to approximately 2.2 percentof GDP in 2004â€“2006 and 3.0 percent of GDP in 2007â€“2013. The funding went mainly toinfrastructure projects, enterprise support and human resource development. A key challengeis to ensure that the EU cohesion policy funds are used effectively and in ways that arebeneficial in the long term.
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