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European regional growth patterns have undergone two important changes in recent years. First, the process of convergence that dominated regional growth until the late 1970s and early 1980s has progressively given way to stability and divergence. Economic dynamism is increasingly concentrated in...
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European regional support has grown in parallel with European integration. The funds targeted at achieving greater economic and social cohesion and reducing disparities within the European Union (EU) have more than doubled in relative terms since the end of the 1980s, making development policies...
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A large number of economic models has been developed in the past 15 years in order to explore the causes of endogenous regional growth and the location of economic activities with the consequent differentials of development among territories. At the same time regional policies have undergone...
Persistent link: https://www.econbiz.de/10005539824
It has been claimed that in recent years the evolution of regional disparities within European nations has become pro-cyclical, that is, disparities tend to increase in times of economic boom and to decrease during recessions. This represents a change with respect to the traditional patterns in...
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