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The Evolution of European Union Regional Policy - Social, Political and Economic Arguments

Author

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  • Judeu Viorina Maria

    () („Agora” University of Oradea, Faculty of Law and Economics)

  • Caraman Tania

    („Agora” University of Oradea, Faculty of Law and Economics)

  • Teliceanu Claudiu Daniel

    („Agora” University of Oradea, Faculty of Law and Economics)

Abstract

To implement a regional policy in the EU arguments are based on social, political and economic. These arguments can be summarized as follows: ? inefficient spatial distribution of income: there is an inverse connection between growth and inequality in income distribution. However, people can improve income distribution leads to a less efficient allocation of resources affecting the level of welfare. For this reason, the argument of equity in income distribution is more a social than an economic one; ? adapt more easily to changes in economic structures or major macroeconomic shocks: issues related to EU enlargement Thus, a candidate may face more serious problems after it joins the EU, such as unemployment. As a result, Member States may grant aid to overcome these problems by joining the new state; ? work factor to optimize the allocation and mitigation of unemployment: in areas where economic activity is underdeveloped, unemployment is high. Regional policy can contribute to economic development and employment reintegration underused factor in terms of ensuring a high mobility of its activation and lower operating costs benefits obtained from this reintegration.

Suggested Citation

  • Judeu Viorina Maria & Caraman Tania & Teliceanu Claudiu Daniel, 2011. "The Evolution of European Union Regional Policy - Social, Political and Economic Arguments," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1101-1106, May.
  • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:1101-1106
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    More about this item

    Keywords

    regional policy; reform; partnership;

    JEL classification:

    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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