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- W2106651808 abstract "The main aim of this paper is to look at the impact of the EU's Structural and Cohesion Funds (the ‘Funds’) on economic growth and real convergence in the EU. The paper starts by providing some general information about the Funds and their development over time. This is followed by a review of some of the theoretical and empirical work on the main determinants of growth, focusing in particular on the impact of infrastructure and human capital. Looking more specifically at evaluations of the impact of the Funds on growth and convergence in some current EU Member States, the available evidence suggests that the funds can be a useful instrument to foster growth and real convergence. However, in order to be effective, the supported countries must be characterised by a stable macroeconomic environment and institutional and microeconomic structures that are conducive to growth. Finally, some modifications to the way the Funds currently operate would seem useful in order to take some of the specific features of the situation in the Acceding Countries into account." @default.
- W2106651808 created "2016-06-24" @default.
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- W2106651808 date "2003-01-01" @default.
- W2106651808 modified "2023-09-23" @default.
- W2106651808 title "The Impact of the EU's Structural and Cohesion Funds on Real Convergence in the EU" @default.
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