"The shortcomings of traditional regional policies led to a major policy. Thus, regions have become more active in the design and implementation of policies, following a bottom-up approach, involving the participation of the local community in strategic planning, as opposed to the traditional...

European Cohesion Policy has traditionally been considered as a useful tool to advance in the economic integration of the European Union by helping less developed regions in their convergence process with more developed ones. Nowadays European Cohesion Policy and Structural Funds are one of the...