The Regional Policy of the European Union and the Enlargement Process to Central and Eastern European Countries
Author(s) -
Andrés Faíña,
Jesús LópezRodríguez
Publication year - 2004
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.620344
Subject(s) - european union , resizing , regional policy , political science , european integration , international trade , single euro payments area , process (computing) , regional science , international economics , geography , business , economics , law , computer science , operating system
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.
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