The study is based on the critical observations that competitive market forces alone are not able to assure convergence with the developed countries. These observations are grounded on the results of the computation of the marginal rate of return to capital (which contradict the neoclassical...

This paper analyses the effects of EU regional policy transfer payments on net migration flows among the EU-28 countries. The hypothesis is tested that EU transfer payments do hamper internal migration across the EU. On the one hand, this is done by reestimating the results found by Egger,...

The study is based on the critical observations that competitive market forces alone are not able to assure convergence with the developed countries. These observations are grounded on the results of the computation of the marginal rate of return to capital (which contradict the neoclassical...

This paper analyses the effects of EU regional policy transfer payments on net migration flows among the EU-28 countries. The hypothesis is tested that EU transfer payments do hamper internal migration across the EU. On the one hand, this is done by reestimating the results found by Egger,...

The study is based on the critical observations that the competitive market forces alone are not able to assure the convergence with the developed countries. These observations are grounded on the results of the computation of the marginal capital rate of return, as well as the real process of...

Besides its primary scope of supporting the lagging behind areas, the EU regional policy represents also the flexible companion of other EU objectives and policies: it was reshaped many times in order to meet EU challanges and realities, either these were linked to enlargement or to the...

One of the main objectives of the EU is cohesion, namely a decrease in the disparity of wealth between its constituent parts. A considerable part of the EU budget is earmarked for this policy. The policy should also support the EU 2020 strategy, which focuses on smart, inclusive and sustainable...

The study is based on the critical observations that competitive market forces alone are not able to assure convergence with the developed countries. These observations are grounded on the results of the computation of the marginal rate of return to capital (which contradict the neoclassical...

The access to Social and Cohesion Funds offers Romania a possibility to develop the regions which are lagging behind, to modernize transport and environment infrastructure, to support rural development, to create new employment opportunities, to sustain social policies which will lead to the...

After 15 years of EU cohesion policy, implemented through National Development Plans (NDPs) and Structural Funds (SFs), economists remain divided on interpretations of policy effectiveness. As new member states prepare for the next programme of EU cohesion aid, it is important to review this...