The Evolution of European Union Regional Policy - Social, Political and Economic Arguments
Abstract
To implement a regional policy in the EU arguments are based on social, political and economic. These arguments can be summarized as follows: ? inefficient spatial distribution of income: there is an inverse connection between growth and inequality in income distribution. However, people can improve income distribution leads to a less efficient allocation of resources affecting the level of welfare. For this reason, the argument of equity in income distribution is more a social than an economic one; ? adapt more easily to changes in economic structures or major macroeconomic shocks: issues related to EU enlargement Thus, a candidate may face more serious problems after it joins the EU, such as unemployment. As a result, Member States may grant aid to overcome these problems by joining the new state; ? work factor to optimize the allocation and mitigation of unemployment: in areas where economic activity is underdeveloped, unemployment is high. Regional policy can contribute to economic development and employment reintegration underused factor in terms of ensuring a high mobility of its activation and lower operating costs benefits obtained from this reintegration.Download Info
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Article provided by Ovidius University of Constantza, Faculty of Economic Sciences in its journal Ovidius University Annals, Economic Sciences Series.
Volume (Year): XI (2011)
Issue (Month): 1 (May)
Pages: 1101-1106
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Web page: http://www.univ-ovidius.ro/facultatea-de-stiinte-economice
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Related research
Keywords: regional policy; reform; partnership;Find related papers by JEL classification:
- R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
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