Comparing the economic development and current situation of the internal markets of the U.S. and the EU, two things are noticeable. On the one hand, the EU is conducting massive regional policy programmes (notably the Structural Funds) to foster economic cohesion among the 27 nations belonging...

The envisaged EU enlargement will lead to a redirection of Structural and Cohesion Funds expenditures from current to new EUmembers. This redistribution of funds makes the accession countries even more attractive as a location of FDI. Using a logistic regressions approach, this paper shows that...

The envisaged EU enlargements will lead to a redirection of Structural and Cohesion Funds expenditures from current to new EU members. This redistribution of funds makes the accession countries even more attractive as a location of FDI. Using a logistic regressions approach, this paper shows...

The integration of Central and Eastern Europe (CEE) countries into theEuropean Union is supposed to bring them significant benefits. Along with the effects comingfrom changes in tariffs, accession to the EU internal market and free labor movement onGDP, consumption and terms of trade, the...

As stated in the preamble of the founding Treaty of the European Economic Community (EEC) of 1957, the essential goal of European integration, is to improve the living and employment situation (usually measured in terms of per-capita GDP and unemployment rate) of EU citizens. From an economic...

The European Commission is the authority that supervises the EuropeanUnion structural funds, which are meant to finance the measures of structural aid at thecommunity level, aiming to promote the regions lagging behind in development, toreconvert the areas affected by industrial decline, to...

Although the EU is the richest region in the world, however, there are significant disparities between its Member States on the GDP / inhabitant, the labour productivity and the employment. To reduce these disparities, all the Member States have taken measures in the joint regional development...

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. 

The study found that, during the early post-accession years, Romania failed toattract European funds, at least to the same extent to the national contribution at thecommunity budget, registering a net expenditure as an EU member. The determinants ofincreasing EU funds absorption rate are...

Many European countries, especially during the early post-accession years, have faced difficulties in absorbing the structural funds from the EU budget, the most cited reasons being generated by the lack of a coherent long-term vision of the authorities, insufficient resources to co-finance...