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At the beginning of the 21st century, the EU is facing deep political, social, and economic changes. The benefit of supranational organization is no longer obvious to European citizens and questions of legitimacy have accompanied the EU's development over the last decades. Regions - albeit often...
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The European Union's cohesion policy, built into the Treaties since 1986, has been given the objective of reducing the gap in the different regions' levels of development, in order to strengthen economic and social cohesion. With the integration of 10 new countries in 2004, then of Bulgaria and...
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We assess the macroeconomic impact of the 2014-2020 EU cohesion policy programmes, based on updated data on planned expenditure. We use the spatial dynamic general equilibrium RHOMOLO in order to quantify the direct and indirect effects of the policy in the NUTS 2 regions of the EU. The results...
Persistent link: https://www.econbiz.de/10015322517
We assess the macroeconomic impact of the 2014-2020 EU cohesion policy programmes, based on updated data on planned expenditure. We use the spatial dynamic general equilibrium RHOMOLO in order to quantify the direct and indirect effects of the policy in the NUTS 2 regions of the EU. The results...
Persistent link: https://www.econbiz.de/10015322518
The additionality principle of the European cohesion policy was verified ex-ante by the European Commission and was eliminated starting from the 2021-27 programming period. However, the cohesion treatment may have ex-post reduced, in some cases, national spending and the decision to eliminate...
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