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New Directions in European Regional Policy and their Implications for Spain

  • Salmon, Keith


    (The Business School, University of Hertfordshire)

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    This paper focuses on the new architecture of Cohesion Policy andthe new European financial framework within which it is set. The discussion is dividedinto five sections. Section one examines the structure of the new European FinancialFramework, highlighting its impact on financial transfers between Europeand Spain. In section two the new architecture of Cohesion Policy is explained,pointing out the relationships with related agriculture and fisheries policies and endingwith an assessment of the principal features of the new Cohesion policy architecture.Section three examines the financial resources behind Cohesion Policy andtheir distribution in Spain. In section four the discussion shifts to a consideration ofthe concepts of convergence and the nature of regions. Finally the conclusion suggeststhat there are significant administrative, financial and strategic planning implicationsof the new financial framework and remodelled Cohesion policy: for economicdevelopment in general and for regional development in particular over thecoming years.

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    Article provided by Asociación Española de Ciencia Regional in its journal Investigaciones Regionales.

    Volume (Year): (2008)
    Issue (Month): 12 ()
    Pages: 147-177

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    Handle: RePEc:ris:invreg:0121
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    1. Krugman, Paul R, 1996. "Making Sense of the Competitiveness Debate," Oxford Review of Economic Policy, Oxford University Press, vol. 12(3), pages 17-25, Autumn.
    2. Giannetti, Mariassunta, 2002. "The effects of integration on regional disparities: Convergence, divergence or both?," European Economic Review, Elsevier, vol. 46(3), pages 539-567, March.
    3. Gillian Bristow, 2005. "Everyone's a 'winner': problematising the discourse of regional competitiveness," Journal of Economic Geography, Oxford University Press, vol. 5(3), pages 285-304, June.
    4. Luis Moreno, 2002. "Decentralization in Spain," Regional Studies, Taylor & Francis Journals, vol. 36(4), pages 399-408.
    5. Ray Hudson, 2007. "Regions and Regional Uneven Development Forever? Some Reflective Comments upon Theory and Practice," Regional Studies, Taylor & Francis Journals, vol. 41(9), pages 1149-1160.
    6. Michael Kitson & Ron Martin & Peter Tyler, 2004. "Regional Competitiveness: An Elusive yet Key Concept?," Regional Studies, Taylor & Francis Journals, vol. 38(9), pages 991-999.
    7. Michael Porter, 2003. "The Economic Performance of Regions," Regional Studies, Taylor & Francis Journals, vol. 37(6-7), pages 549-578.
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