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Is Structural Spending on a Solid Foundation? Bruegel Policy Brief 2008/02, February 2008

Santos, Indhira. (2008) Is Structural Spending on a Solid Foundation? Bruegel Policy Brief 2008/02, February 2008. [Policy Paper]

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    Abstract

    Summary. The European Union’s budget review, launched last year, is an opportunity critically to examine EU policies and instruments. Structural Funds are at the heart of the EU cohesion effort, and absorb almost one third of the EU’s budget. Their declared aims are economic growth and regional convergence, but these goals do not always complement each other. Allocation of Structural Funds is not efficient from a pure growth standpoint and, although with enlargement cross-country transfers have increased significantly, on average almost twice as much redistribution still occurs within regions as opposed to between regions.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > regional policy/structural funds
    EU policies and themes > Policies & related activities > cohesion policy
    EU policies and themes > Policies & related activities > budgets & financing
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bruegel (Brussels) > Policy Briefs
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 05 Jun 2008
    Page Range: p. 8
    Last Modified: 15 Feb 2011 17:53
    URI: http://aei.pitt.edu/id/eprint/8320

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