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Regional Development Policy in European Union

Author

Listed:
  • Chindris-Vasioiu Oana

    (Ecological University of Bucharest)

  • Pana Cristian

    (Ecological University of Bucharest)

Abstract

The regional development policy is one of the most important policies and one of the most complex in the EU, as its status is derived from its goal of reducing the economic and social gaps existing between different regions of Europe and it influences different domains that are important for their development, such as economic growth and small and medium enterprises (SME) sector, transports, agriculture, urban development, environmental preservation, employment and professional training, education, gender equality. Designed as a solidarity policy at European level, the regional policy is basically based on financial solidarity, namely on redistributing some parts of the Community budget made up of the contributions of the Member States to the less prosperous regions and social groups (between 2000-2006, the due amount is approximately one third of the EU budget).

Suggested Citation

  • Chindris-Vasioiu Oana & Pana Cristian, 2011. "Regional Development Policy in European Union," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 338-342, May.
    • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:338-342
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/rezumate2011p1.pdf
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    Citations

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    Cited by:

    1. Anne Drumaux & Julien Ravet, 2016. "European Strategy 2020: what about the carrot?," Working Papers CEB 16-003, ULB -- Universite Libre de Bruxelles.

    More about this item

    Keywords

    regional policy; sustainable development; financial instruments; European cooperation; regional competitiveness;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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