EU structural funds and growth prospects: A sobering experience
Philipp Breidenbach ()
RWI Impact Notes from RWI - Leibniz-Institut für Wirtschaftsforschung
New research shows that regional funding of the European Union - currently amounting to 450 billion Euros - has no positive effect on economic growth. - In the financial framework period of 2014 to 2020, for the first time the European Structural Funds represent the main share of the European Union's (EU) budget. Previous evaluations on the funding's effectiveness reveal contradicting results. A new and robust RWI study does not find any positive effects of the program on economic growth. In fact, impacts indicate that highly funded regions might have to overcome structural problems first before growth programs can take effect. Also, a high intensity of funding in the immediate regional neighborhood has a strongly negative influence on a region's growth prospects.
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:zbw:rwiimp:171354
Access Statistics for this paper
More papers in RWI Impact Notes from RWI - Leibniz-Institut für Wirtschaftsforschung Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().