Progress in regional convergence in the EU has been uneven over the last two decades. While Central and Eastern Europe has been catching up, Southern Europe has often lost ground, especially after the global financial crisis. Furthermore, within most countries, gaps between large cities and...

The Structural Funds (SF), are the most important strategic tool of the European Union (EU) for the promotion of regional development. This chapter analyzes the effects of regionally targeted SF on labor productivity growth in 180 Nomenclature of Territorial Units for Statistics, level 2 (NUTS2)...