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Independent and high-quality evaluations of government policies are an important input for designing evidence-based policy. Lack of incentives and institutions to write such evaluations, on the other hand, carry the risk of turning the system into a costly beauty contest. We study one of the...
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Euro area countries exhibited modest convergence prior to the financial crisis and diverged thereafter. Such divergence … countries. This might then explain in part the modest convergence and then divergence of euro area countries. …
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This chapter discusses factors that contributed to different economic dynamics across European regions and the prevailing disparities. The impact of EU Cohesion Policy in reducing disparities is studied based on the empirical evidence on the effects of EU regional policy. With more than thirty...
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