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Eu Cohesion Policy Needs Differentiated Policy Mix Adequate To Specifics Of Economic Regions

Author

Listed:
  • Gheorghe ZAMAN

    () (Institute of National Economy)

  • Daniela-Luminita CONSTANTIN

    () (Academy of Economic Studies, Bucharest)

  • Zizi GOSCHIN

    () (Institute of National Economy)

Abstract

The 2007-2013 programming period of the EU focuses on economic and social cohesion via three fundamental objectives: convergence – competitiveness and employment – European territorial co-operation. The horizontal dimension of cohesion policy refers to diminishing the regional disparities and solidarity with the lagging regions’ population. Considering the big regional disparities in the New Member States (NMS) as well as the gap between their GDP per capita at national level and the EU average, these countries are the main beneficiary of the EU financial allocations, especially via convergence objective. However, two interrelated questions are entailed by this issue. One of them refers to the capacity of these countries to absorb effectively the EU funds. The other one concentrates on the impact of the absorbed EU funds, in other words to the qualitative aspects of the absorption capacity. Our paper discusses these aspects mainly from the viewpoint of regional disparities in the NMS, proposing a typology of their regions based on the main regional growth characteristics. The implications of the structural assistance on regional disparities are also addressed, taking into consideration economic and social criteria and requirements at EU, national, regional and local levels.

Suggested Citation

  • Gheorghe ZAMAN & Daniela-Luminita CONSTANTIN & Zizi GOSCHIN, 2008. "Eu Cohesion Policy Needs Differentiated Policy Mix Adequate To Specifics Of Economic Regions," Romanian Journal of Economics, Institute of National Economy, vol. 26(1(35)), pages 33-63, June.
  • Handle: RePEc:ine:journl:v:1:y:2008:i:26:p:33-63
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    Cited by:

    1. Daniela Antonescu, 2010. "The Analysis of Regional Disparities in Romania with Gini/Struck Coefficients of Concentration," Romanian Journal of Economics, Institute of National Economy, vol. 31(2(40)), pages 160-182, December.

    More about this item

    Keywords

    EU enlargement; cohesion policy; regional disparities; regional typology; convergence; EU funds; absorption capacity;

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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