Regional_Policy

Regional Policy INTRODUCTION Regional Policy is one of the most controversial areas of European Union’s communal programs. The aim of “economic and social cohesion” – as in the Treaty of European Union it is referred to – has been to bring the lagging regions closer to the average level of EU’s economic performance. It is always difficult to appraise the achievements of any incentive scheme since it can be compared to nothing. We must make assumptions about what would have happened if it had been carried out instead of that… Therefore, this essay does not intend to announce the final judgment on Regional Policy rather tries to demonstrate its effects made to reduce the regional disparities in the European Union. I try to present as many facts and figures as is required for anyone to draw his/her final conclusion. The question is far more complex than to be simply summarized as a failure or success. Because of the above mentioned reasons it is impossible to tell where the regions would have arrived at without the undertaken actions. Hence, I feel my obligation to point out precisely the work and effort that have been done, so that critical analysis could be carried out. regions, objective, regional, structural, eu, funds, billion, population, policy, economic, , spain, portugal, per, fund, union, development, cohesion, average, unemployment, greece, countries, been, while, problem, ireland, growth, between, 1999, social, infrastructure, gdp, european, community, areas