The study is based on the critical observations that competitive market forces alone are not able to assure convergence with the developed countries. These observations are grounded on the results of the computation of the marginal rate of return to capital (which contradict the neoclassical...

Although the EU structural funds aim to alleviate disparities through supporting regional development, their impact on local economies and societies is considered as uneven. As existing studies explore the absorption rate of the EU share of contribution as a point-in-time indicator at the end of...

The impact of structural funds of the European Union (EU) on regional economic growth is a matter of both political and economic importance. The large and regular payments made across the EU to countries and regions within them were and are meant to promote various aspects of growth and...

The paper shows that delivery mechanisms have significant impact on the effectiveness of cohesion policy whatever its structure. In the assessment of the present delivery mechanisms the conclusion is made that there are strong arguments for reform, which however would make sense even if one...

Regional government has important role in realizing good governance and free from corruption. These conditions will only be achieved through the fulfillment of certain preconditions and must look to the characteristics of regional government that in accordance with the form of the country. This...

Cohesion policy micro-efficiency is determined by institutional or absorption capacity of recipient regions and Member States which, in turn, co-determines the policy's macro-economic impact. The analysis shows that cohesion policy is not perceived as an quot;EU receipts maximising...

This paper provides an overview of the ocean economy in the EU Outermost Regions (EU ORs). It discusses the opportunities and challenges that the EU ORs are facing in light of emerging global trends, laying out priority actions for making the ocean a factor of competitiveness and...

This paper provides a snapshot of the development of renewable energies in the European Union Outermost Regions (EU ORs), focusing on their potential to contribute to the green transition while creating sustainable economic development opportunities. It reviews the policy frameworks and tools in...

This paper explores the innovation dynamics of the EU Outermost Regions (EU ORs) through patenting behaviour. It emphasises the potential for international collaborations with a wide range of partners, and recommends to mobilise the resources and strategies provided by the EU to strengthen...