308 Billion Euros into the Sand? The Debacle of the EU's Regional Policy

71 Pages Posted: 17 Sep 2008  

Arno Tausch

University of Innsbruck - Department of Political Science; Corvinus University Budapest - Department of Economics

Date Written: September 15, 2008

Abstract

With a budget of 308 billion euros, the EU structural funds are alongside agriculture (418 billion euros) the largest item of the EU budget. 12 percent of the funds, according to the Court of Accountability of the European Parliament end up in wrong channels, and in the international press critical voices abound. There is also increasing doubt about the social efficiency of the EU's regional program among professional economists, like Dall'Erba and Heidenreich. Our politometric analysis on the basis of the Info Regio data provided by the Commission shows that in each enlargement wave, the rich regions benefitted more than the poor ones, and that important predictors of regional convergence - like balancing work and family life - are not at all being properly taken into account by the Commission - in both analytical as well as practical political terms.

Keywords: Economic integration, International Relations and International Political Economy, Social Security and Public Pensions, Regional Economic Activity Growth, Development, and Changes, Size and Spatial Distributions of Regional Economic Activity

JEL Classification: F15, F5, H55, R11, R12

Suggested Citation

Tausch, Arno, 308 Billion Euros into the Sand? The Debacle of the EU's Regional Policy (September 15, 2008). Available at SSRN: https://ssrn.com/abstract=1268273 or http://dx.doi.org/10.2139/ssrn.1268273

Arno Tausch (Contact Author)

University of Innsbruck - Department of Political Science ( email )

Universitätsstrasse 15
Innsbruck, Tirol 6020
Austria

Corvinus University Budapest - Department of Economics ( email )

Budapest H-1093
Hungary

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