The economic and social cohesion policy of the European Union has two inter-related components, namely the vertical cohesion, referring to the alleviation of social disparities and the solidarity with the disadvantaged social groups, and the horizontal cohesion, which concentrates on the...

Poland as the main beneficiary of EU Cohesion Policy is an interesting target of analyses regarding the impact of financial interventions on regional economies. Obviously, of special importance for regional communities are effects of EU funds on the labour market. Greater employment- besides...

Elaborated in 2008 as part of the new industrial policy, the concept of smart specialisation has quickly become of key importance for the EU 2020 innovation strategy. New activities are to be nominated at the regional level that aim at exploring and discovering new technological and market...

Numerous studies have focused on the role of EU regional policy in fostering growth and convergence among European regions, why conducting another one? We argue that two facts are still lacking in the actual academic debate in order to get a sound empirical identification strategy and reliable...

Romania's communist regime used forced industrialization and urbanization policies as a solution for speeding-up the pace of development in the lagging areas, which resulted in reducing regional disparities. However, after 1989 there areas were the first that suffered the hardships of economic...

The aim of this study is to examine the regional policy and the governance model of Lombardy and to highlight the most important factors of its success and to address the relevant risks. The main source of success of Lombardy was the implementation of the subsidiarity principle in the area of...

We investigate the effectiveness of European Structural Funds on employment, population and house prices in Local Labor Markets (LLM) located in Southern Italy. We exploit the variability in disbursements between 2007 and 2013 and estimate the impact of the interventions by allowing for...

This paper provides a contribution to the debate on the role of EU cohesion policy in Italy. The focus is on the territorial effects of EU spending from 1996 to 2007. The empirical analysis considers a neoclassical growth model which is augmented by the structural funds spent by each region....