One of the EU objectives is economic and social cohesion, which is a necessary step for the success of European integration. A key factor for cohesion is the implementation of the adequate regional policy in order to reduce regional disparities. This objective can be reached in two different ways. The first one is through levelling transferences from rich to poor regions. The second one would tend to locate peripheral regions in conditions of developing production activities so as to reach an economic development similar to that of the richest ones. This second way, which consist of "equalizing opportunities", is the one we prefer. In this paper, we analyse at which extent European regional policy has allowed to reach the conditions needed in order to stimulate endogenous development in the less developed regions. In this connection, we reckon that the main factors in order to reach this development are geared in stimulating both industrial investment and research and education. We analyse whether or not this elements have been adequately addressed within European policy.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by University of Santiago de Compostela. Faculty of Economics and Business. Econometrics. in its series Economic Development with number
29.
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)