IDEAS home Printed from https://ideas.repec.org/a/ibg/eajour/v46y2013i3-4p37-51.html
   My bibliography  Save this article

Convergence Instruments of Western Balkan Countries

Author

Listed:
  • Marko Tomljanovic

    () (Faculty of Economics, University of Rijeka, Rijeka, Croatia)

  • Tomislav Kandzija

    (County of Primorje and Gorski Kotar, Rijeka, Croatia)

  • Jelena Kandzija

    (Attorney at law, Zagreb, Croatia)

Abstract

The fundamental objective of the EU regional policy is to reduce differences in development between regions in Europe. EU is directing structural funds to the regions which need help, and in that way EU helps to raise the level of employment and living standards. Financing is based on 4 main principles of regional policy. For the candidate countries are intended the pre-accession instrument IPA. Candidate countries have problems in using that intended resources due to inefficient public administration. New member countries allocate the majority of resources from the ESF (European Social Fund), ERDF (European Regional Development Fund) and the Cohesion Fund, with special emphasis on growth, employment and European territorial cooperation. These objectives also form the basis of the financial perspective 2014. - 2020. During that financial perspective the total amount for regional policy in EU budget will be near to 32%.

Suggested Citation

  • Marko Tomljanovic & Tomislav Kandzija & Jelena Kandzija, 2013. "Convergence Instruments of Western Balkan Countries," Economic Analysis, Institute of Economic Sciences, vol. 46(3-4), pages 37-51.
  • Handle: RePEc:ibg:eajour:v:46:y:2013:i:3-4:p:37-51
    as

    Download full text from publisher

    File URL: http://www.ien.bg.ac.rs/index.php/en/2013/2013-3-4
    Download Restriction: no

    More about this item

    Keywords

    EU; ERDF; ESF; Cohesion fund; regional policy; convergence; Western Balkan countries;

    JEL classification:

    • E0 - Macroeconomics and Monetary Economics - - General
    • R0 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ibg:eajour:v:46:y:2013:i:3-4:p:37-51. 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: (Zorica Bozic). General contact details of provider: http://edirc.repec.org/data/ienbgyu.html .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.