ASPECTS ON THE DEVELOPMENT OF COHESION POLICY IN THE EU
Autor (i): Dăianu Dana Codruta
JEL: O52, O18, R10
Cuvinte cheie: Cohesion Policy, European Union, Multiannual Financial Framework, Regional Development, Competitiveness
Abstract:
EU Cohesion Policy is a solidarity-based policy, with job creation and increased competitiveness, providing support to less developed regions as well as those facing structural difficulties. Since its creation, with the establishment of the two sectoral funds - the European Social Fund (ESF) and the European Agricultural Guidance and Guarantee Fund (EAGGF) - in 1958, Cohesion Policy has been the role of a payment mechanism, redistribution of budgetary contributions Member States to reduce disparities in regional development between them. The main elements addressed are the current objectives of the Cohesion Policy, the evolution of budgetary allocations and the reform of this common policy. The paper also proposes a comparative analysis between the objectives of the new 2014-2020 Cohesion Policy framework and the financial allocations for 20072013, with a focus on the convergence of the objectives of this common policy with those of the Europe 2020 Strategy.
EU Cohesion Policy is a solidarity-based policy, with job creation and increased competitiveness, providing support to less developed regions as well as those facing structural difficulties. Since its creation, with the establishment of the two sectoral funds - the European Social Fund (ESF) and the European Agricultural Guidance and Guarantee Fund (EAGGF) - in 1958, Cohesion Policy has been the role of a payment mechanism, redistribution of budgetary contributions Member States to reduce disparities in regional development between them. The main elements addressed are the current objectives of the Cohesion Policy, the evolution of budgetary allocations and the reform of this common policy. The paper also proposes a comparative analysis between the objectives of the new 2014-2020 Cohesion Policy framework and the financial allocations for 20072013, with a focus on the convergence of the objectives of this common policy with those of the Europe 2020 Strategy.
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