Mind the Gap:Unification, EU Membership and Regional Disparity in Cyprus
This paper examines the possible implications of EU membership for the North-South development gap in Cyprus - assuming that the country would join as a federal entity. It reviews the debate on economic convergence and draws on research findings in the EU context. On balance, the theoretical and empirical work suggests that poorer EU regions have been able to grow faster following the deepening of integration. However, this result is based on a number of restrictive assumptions; the rate of convergence has been very low; and the performance of the regions has not been uniform. There is significant evidence suggesting that regional performance is strongly correlated to ‘institutional strength’ and efficient governance structures. Therefore, convergence between the Northern and Southern Cyprus cannot be taken for granted – even if the North benefits from Structural Funds support on an equal footing with other Objective 1 regions. To shorten the catching-up period, specific arrangements are necessary to address the adverse initial conditions in the North, which suffers from inefficient governance and weakened endogenous institutions. Otherwise, persistent inequality may threaten the sustainability of the federal solution, cause political uncertainty and make both communities worse-off in an age of global competition for markets as well as foreign direct investment.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 6 (2003)
Issue (Month): 1 (Summer)
|Contact details of provider:|| Web page: http://www.ekonomia.ucy.ac.cy/|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ekn:ekonom:v:6:y:2003:i:1:p:53-71. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Managing Editor)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.