The aim of this paper is to explain Foreign Direct Investment of German enterprises. The theory of Foreign Direct Investment identifies a variety of location-specific, strategic, financial, as well as other motives which firms have in order to become multinationals. We apply the above...

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...

Abstract. The decisions in the cohesion policy have a significant impact upon the offer and supply, in a way that, under the influence of the multipliers, they constantly reconfigure the components of the internal consumption (such as investments, private consumption and imports), and the...

The EU budget review, launched by the Commission in 2007, is a unique opportunity to critically examine EU policies and instruments. Structural Funds are at the heart of the EU’s cohesion efforts, and amount to almost one-third of the Community’s budget. They have two declared objectives,...

The difference between intergovernmentalism and multilevel governance is that intergovernmentalism focuses on the negotiation process between EU Member States and how resources are allocated to each country separately, while multilevel governance focuses on the negotiation processes taking place...

The objective of this study is to analyze the relationship between the structural funds provided by the European Union (EU) and the real convergence of the New Member States that joined the EU in 2004. We also assess the effect of the crisis on this. According to the empirical studies in this...

The establishment of the European Union marked the beginning of a new era, the EU Member States have in present many benefits in this regard: free market, effective trade, enhanced security, economic cohesion, sustainable development, protecting human rights, job creation etc. With all these...

EU structural funds are available to EU member states that have the need for additional investments in a balanced and sustainable economic and social development. Structural Funds are in function of EU Cohesion Policy, which aims at achieving economic and social cohesion as well as harmonious...

The aim of this paper is to reveal and summarize the latest visions and opinions published in articles and academic papers on the evaluation, institutional factors and the future of the European Cohesion Policy. The literature on the economic, territorial and social integration is vast and great...

The European Union uses large-scale fiscal transfers to national and regional levels to foster economic and social cohesion. This paper gives an ex-ante model-based analysis of the potential macro-economic impact of these fiscal transfers between member states as planned under the Cohesion...