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Author: Philipp Mohl
Publisher: Springer
ISBN: 3658138521
Category : Political Science
Languages : en
Pages : 182
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Book Description
Philipp Mohl evaluates the macroeconomic effects of EU Cohesion Policy with the help of empirical methods. His findings indicate that in particular the part of EU Cohesion Policy which is spent for the poorest regions (the so-called Objective 1 funding) has a positive and statistically significant impact on economic growth. Moreover, the employment effects of EU Cohesion Policy seem to be conditional on the educational attainment, i.e., in particular regions with a high share of high-skilled population tend to benefit from EU funds. Finally, the author does not find evidence that EU funds significantly increase public investment in the EU countries, which points to a crowding out of national investment. Overall, the gained insights contribute to a more profound understanding of the macroeconomic effects of EU Cohesion Policy, which is essential to design an effective and efficient EU spending system.
Author: Philipp Mohl
Publisher: Springer
ISBN: 3658138521
Category : Political Science
Languages : en
Pages : 182
Get Book Here
Book Description
Philipp Mohl evaluates the macroeconomic effects of EU Cohesion Policy with the help of empirical methods. His findings indicate that in particular the part of EU Cohesion Policy which is spent for the poorest regions (the so-called Objective 1 funding) has a positive and statistically significant impact on economic growth. Moreover, the employment effects of EU Cohesion Policy seem to be conditional on the educational attainment, i.e., in particular regions with a high share of high-skilled population tend to benefit from EU funds. Finally, the author does not find evidence that EU funds significantly increase public investment in the EU countries, which points to a crowding out of national investment. Overall, the gained insights contribute to a more profound understanding of the macroeconomic effects of EU Cohesion Policy, which is essential to design an effective and efficient EU spending system.
Author: William Mitchell
Publisher: Edward Elgar Publishing
ISBN: 9781781956366
Category : Business & Economics
Languages : en
Pages : 280
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Book Description
This book is a critical review of current fiscal and monetary policy in Europe and presents results of both empirical research and a discussion of the theoretical framework behind the policy of the ECB and the Stability and Growth Pact.
Author: John Bradley
Publisher: Springer Science & Business Media
ISBN: 0387228543
Category : Business & Economics
Languages : en
Pages : 351
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Book Description
This book contributes fresh theoretical and empirical evidence on patterns of regional production structures, specialization, regional disparities, convergence and divergence processes and evaluation of cohesion policies in both current and future European Union (EU) member states in the context of increased integration. These subjects are addressed in both individual and cross-country analyses using innovative methodologies. The book is an essential reading for a large audience including researchers and policy makers working in the fields of economic integration, transition economics and regional development. The thirteen contributions brought together in this book are the result of recent research undertaken in the framework of a larger project initiated and coordinated by the Center for European Integration Studies (ZEI) of the University of Bonn on determinants of regional specialization, growth and convergence in the context of European integration. A number of these papers were presented to a conference on “European integration, regional convergence, location of industrial activity and labour market adjustment” initiated by the Center for European Integration Studies of the University of Bonn and organized jointly with the Center for European Studies of the University “Alexandru Ioan Cuza” of Iasi, Romania. We gratefully acknowledge the financial support from the European Commission Framework Programme and the Center for European Integration Studies of the University of Bonn.
Author: Benedicta Marzinotto
Publisher:
ISBN:
Category :
Languages : en
Pages : 23
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Book Description
We run a standard income convergence analysis for the last decade and confirm an already established finding in the growth economics literature. EU countries are converging. Regions in Europe are also converging. But, within countries, regional disparities are on the rise. At the same time, there is probably no reason for EU Cohesion Policy to be concerned with what happens inside countries. Ultimately, our data shows that national governments redistribute well across regions, whether they are fiscally centralised or decentralised. It is difficult to establish if Structural and Cohesion Funds play any role in recent growth convergence patterns in Europe. Generally, macroeconomic simulations produce better results than empirical tests. It is thus possible that Structural Funds do not fully realise their potential either because they are not efficiently allocated or are badly managed or are used for the wrong investments, or a combination of all three. The approach to assess the effectiveness of EU funds should be consistent with the rationale behind the post-1988 EU Cohesion Policy. Standard income convergence analysis is certainly not sufficient and should be accompanied by an assessment of the changes in the efficiency of the capital stock in the recipient countries or regions as well as by a more qualitative assessment. EU funds for competitiveness and employment should be allocated by looking at each region's capital efficiency to maximise growth generating effects or on a pure competitive.
Author: Stefan Jestl
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Sjef Ederveen
Publisher:
ISBN:
Category : Europe
Languages : en
Pages : 112
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Book Description
Author:
Publisher:
ISBN: 9789276402510
Category :
Languages : en
Pages :
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Book Description
In this paper, we investigate the macroeconomic effects of the 2007-2013 cohesion policy investments in the EU. First, we present a detailed overview of the EU budget and of the contributions of the Member States for the specific policy under scrutiny. Then, we use a dynamic spatial general equilibrium model to assess the overall impact of the policy both in the short run and in the long run. Finally, we focus on the spatial spillovers generated by the policy programmes and we highlight a number of policyrelevant findings with regard to the debate over the financing of the policy and the divide between its net contributors and net beneficiaries. Our main findings suggest that cohesion policy programmes had a positive and significant impact on the economies of the EU Member States and regions, particularly in the poorest regions of the EU. Spatial spillovers imply that the progammes implemented in the main beneficiaries of the policy also benefit its main contributors. For some of these Member States, spillovers even constitute the main source of benefits from cohesion policy.
Author: John Bachtler
Publisher: Routledge
ISBN: 1315401843
Category : Business & Economics
Languages : en
Pages : 380
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Book Description
The Open Access version of this book, available at http://www.tandfebooks.com/doi/view/10.4324/9781315401867, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 3.0 license. This book brings together academics, members of European institutions, and regional and national level policymakers in order to assess the performance and direction of EU Cohesion policy against the background of the most significant reforms to the policy in a generation. Responding to past criticisms of the effectiveness of the policy, the policy changes introduced in 2013 have aligned European Structural and Investment Funds with the Europe 2020 strategy and introduced measures to improve strategic coherence, performance and integrated development. EU Cohesion Policy: Reassessing performance and direction argues that policy can only be successfully developed and implemented if there is input from both academics and practitioners. The chapters in the book address four important issues: the effectiveness and impact of Cohesion policy at European, national and regional levels; the contribution of Cohesion policy to the Europe 2020 strategy of smart, sustainable and inclusive growth; the importance of quality of government and administrative capacity for the effective management of the Funds; and the inter-relationships between institutions, territory and place-based policies. The volume will be an invaluable resource to students, academics and policymakers across economics, regional studies, European studies and international relations.
Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 147558797X
Category : Business & Economics
Languages : en
Pages : 32
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Book Description
Selected Issues
Author: Giuseppe T. Cirella
Publisher: Springer Nature
ISBN: 9811530491
Category : Science
Languages : en
Pages : 255
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Book Description
This book addresses sustainability thinking and the bigger picture, by taking into consideration how and from where contemporary schools of thought emerged approximately a quarter-century ago. Evidence from the literature illustrates a number of key concepts and techniques that have been tested and continue to be tested, within various multi-disciplinary fields, on societal functionality. Research into sustainable societies needs to be sound, ethical, and creative. A cross-sectoral, interdisciplinary examination of challenges and strategies is used to interlink sustainability thinking and human-nature relations. With an ever-growing number of people now concentrated within urban areas, providing not only environmental quality and livable space, but also security and resilient urban systems, is becoming increasingly important. This urbanization trend has overlapped with environmental degradation, consumption of natural resources, habitat loss, and overall ecosystem change. Consequently, the goal is for cleaner, safer societies – with higher standards of living – to excel in support of current and future generational communities. The book tackles these challenges by integrating environmental scholarship, economic evaluation, and urban strategies under one umbrella of thought. The relational paradigms presented include examples that correlate developed and developing countries, socioeconomics and community development, and governance of knowledge and education. As such, the book argues, furthering of knowhow should be accessible and shared in order to achieve maximum innovation and benefit. Sustainability thinking, after all, is a metric for intrinsic human-nature relations in terms of past performance, present development, and future goals. This book discusses this metric and offers novel approaches to growing societies and what we can do next.