IDEAS home Printed from https://ideas.repec.org/p/exe/wpaper/0107.html
   My bibliography  Save this paper

The Regional Policy of the European Union and the Enlargement Process to Central and Eastern European Countries

Author

Listed:
  • J.Andres Faina

    (Department of Economic Analysis, Faculty of Economics, University of A Coruna)

  • Jesus Lopez Rodriguez

    (Department of Economic Analysis, Faculty of Economics, University of A Coruna)

Abstract

The successive enlargement processes of the European Union have implied reforms in Regional Policy. Since the Single European Act (1987), Europe has got a structural policy mainly focused on regions whose development is lagging behind. The accession of CEECs will mean an extraordinary increase in regional development disparities. However, the current EU Regional Policy is addressed to deal with such a kind of development lags. Competition in a large market combined with regional development policy of the EU is a successful policy mix to boost growth of CEECs in the framework of an open market economy. The own success of regional policy in current objective 1 regions will led to an important reduction of assisted population. The financial perspectives approved in the Berlin Summit (March 1999) provides enough financial space to assist 90% of population in CEECs and 75% of current population under objective 1. The main challenge involved in the successful extension of EU Regional Policy to CEECs lies in the field of management capabilities and administration reforms that must be carried out in these countries.

Suggested Citation

  • J.Andres Faina & Jesus Lopez Rodriguez, 2001. "The Regional Policy of the European Union and the Enlargement Process to Central and Eastern European Countries," Discussion Papers 0107, Exeter University, Department of Economics.
  • Handle: RePEc:exe:wpaper:0107
    as

    Download full text from publisher

    File URL: http://people.exeter.ac.uk/cc371/RePEc/dpapers/DP0107.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Myerson, Roger B, 1983. "Mechanism Design by an Informed Principal," Econometrica, Econometric Society, vol. 51(6), pages 1767-1797, November.
    2. V.V. Chari & Ravi Jagannathan, 1984. "Banking Panics," Discussion Papers 618, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    3. Douglas W. Diamond & Philip H. Dybvig, 2000. "Bank runs, deposit insurance, and liquidity," Quarterly Review, Federal Reserve Bank of Minneapolis, pages 14-23.
    4. Chari, V V & Jagannathan, Ravi, 1988. " Banking Panics, Information, and Rational Expectations Equilibrium," Journal of Finance, American Finance Association, vol. 43(3), pages 749-761, July.
    5. Bernardino Adao & Ted Temzelides, 1998. "Sequential Equilibrium and Competition in a Diamond-Dybvig Banking Model," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(4), pages 859-877, October.
    6. Gorton, Gary, 1985. "Bank suspension of convertibility," Journal of Monetary Economics, Elsevier, vol. 15(2), pages 177-193, March.
    7. Neil Wallace, 1988. "Another attempt to explain an illiquid banking system: the Diamond and Dybvig model with sequential service taken seriously," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Fall, pages 3-16.
    8. S. Rao Aiyagari, 1988. "Banking panics, information, and rational expectations equilibrium," Working Papers 320, Federal Reserve Bank of Minneapolis.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jesús López-Rodríguez & J. Andrés Faíña, "undated". "Human Capital Accumulation and Geography: Empirical Evidence in the European Union," Regional and Urban Modeling 283600060, EcoMod.
    2. Jesus Lopez-Rodriguez & Andres Faiña, 2009. "Regional Policy and Convergence in Europe: The Case of Backward Regions," Economics Bulletin, AccessEcon, vol. 29(2), pages 1046-1053.

    More about this item

    Keywords

    Regional Policy; European Union; Central and Eastern European Countries;

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

    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:exe:wpaper:0107. 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: (Carlos Cortinhas). General contact details of provider: http://edirc.repec.org/data/deexeuk.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.