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Should Structural Policy be Discontinued? The Macro-Economic Impact of Structural Policy on the EU-15 and the main Candidate Countries

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  • M. Beugelsdijk

Abstract

Some studies in the literature exert strong criticism with regards to the Structural Policy of the European Union. This study reviews the past Structural Policy and pays special attention to the proposals for the next budgetary period 2007-2013 as laid down in the Dutch IBO-report (2001). Simulation and empirical research results are used to answer the question to what extent the main aim of the Structural Funds, achieving a catching up of the poor to the rich regions within Europe, was reached so far and to study the possible implications of the IBO-scenarios. The announced accession of the main Central and Eastern European countries to the European Union definitely plays an important role.

Suggested Citation

  • M. Beugelsdijk, 2002. "Should Structural Policy be Discontinued? The Macro-Economic Impact of Structural Policy on the EU-15 and the main Candidate Countries," WO Research Memoranda (discontinued) 693, Netherlands Central Bank, Research Department.
  • Handle: RePEc:dnb:wormem:693
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    File URL: https://www.dnb.nl/binaries/wo0693_tcm46-145991.pdf
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    Keywords

    Structural Policy; European Union; accession countries;

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications

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