Becker, Sascha O.; Egger, Peter H; Fenge, Robert; von, … - Department of Economics, University of Stirling - 2008
The European Union (EU) provides grants to disadvantaged regions of member states to allow them to catch up with the EU average. Under the Objective 1 scheme, NUTS2 regions with a GDP per capita level below 75% of the EU average qualify for structural funds transfers from the central EU budget....