Economic re-integration after a long period of separation among countries with different levels of development is expected to start in border regions. Enterprises along the borderline can gain a rent due to low transport and transaction costs. They benefit from the fortunate opportunity of...

Basic assumptions of the EU's new cohesion policy for the years 2007-2013 will be probably worked out by the end of 2003. Based on the current debate, one may assume that they will not contain any breakthrough changes. Corrections to the existing system might include introduction of transition...