Journal Article

Complementing EMU: Rethinking Cohesion Policy

Iain Begg

in Oxford Review of Economic Policy

Published on behalf of The Oxford Review of Economic Policy Ltd

Volume 19, issue 1, pages 161-179
Published in print March 2003 | ISSN: 0266-903X
Published online March 2003 | e-ISSN: 1460-2121 | DOI: http://dx.doi.org/10.1093/oxrep/19.1.161
Complementing EMU: Rethinking Cohesion Policy

More Like This

Show all results sharing these subjects:

  • Economic Development and Growth
  • Public Economics
  • Political Economy
  • Public Policy

GO

Show Summary Details

Preview

Under EMU, the less competitive regions of the EU—usually assumed to be peripheral—have been widely expected to lose ground, yet it is the core of the EU that, so far, has appeared to have suffered from the advent of the euro. This paper looks at the processes behind regional divergence in the EU, and presents evidence on recent and prospective trends as EMU is consolidated. Bearing in mind that the imminent enlargement of the EU will radically change the political economy of the EU's efforts to assure ‘cohesion’, policy issues are then discussed. Looking forward to the next renegotiation of the Structural Funds, it is argued that difficult decisions have to be taken about the extent and character of EU policy. The option of an open method of coordination for cohesion policy is put forward as a means of resolving some of the hard choices.

Journal Article.  0 words. 

Subjects: Economic Development and Growth ; Public Economics ; Political Economy ; Public Policy

Full text: subscription required

How to subscribe Recommend to my Librarian

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.