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REGIONAL POLICY AND ITS FINANCIAL INSTRUMENTS IN THE EUROPEAN UNION, THE IMPACT OF REGIONAL SUPPORT: The Impact of EU Regional Support on Economic Convergence. THEORY AND EVIDENCE, ASSESSMENT OF THE IMPACT

Автор:   Flavia U.
мягкая обложка
52 страниц
2009 год
Издательство:   Книга по Требованию
Цена:
1994 руб
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Описание:The large income gaps among the European regions have been a key factor in determining not only the implementation and development of the EU regional policy but also a large amount of controversial debates related to its efficacy in mitigating poverty and inducing convergence. Based on the endogenous growth models predictions, the EU regional policy has witnessed a continuously increased importance both in political and budgetary terms. In this context, the purpose of this paper is an obvious one: examining whether a process of convergence has taken place among the regions of the four EU Cohesion Countries and assessing the role of the EU financial support in promoting convergence. However, the persistence of inequalities and the progressive share of the EU budget allocated to the EU Regional Policy have generated some doubts among researchers with regard to its efficacy in reducing the economic disparities among the EU regions.


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When China Rules the World

Having rolled back American, European and Japanese stakes in its oil industry, Russia is hardly likely to grant Chinese oil companies a similar interest in the future. Moreover, having embraced resource nationalism under Vladimir Putin, Russia is now driving very hard bargains over its oil and gas with both Europe and its former territories. The Russian suspicion of Chinese intentions extends to the Central Asian nations that previously formed part of the Soviet Union. Russian sources, it has been reported, revealed in August 2005 that one reason for Moscow’s haste in seeking to enter the former American base at Karshi Khanabad in Uzbekistan is that China had made discreet expressions of interest in acquiring it themselves. [1115] China has found itself confronted with many obstacles in its desire to acquire oil interests in Central Asia, even in Kazakhstan, where it has its only major oil stake in the region; the considerable resistance and suspicion would seem to have been encouraged by Russia, which regards Central Asia as its rightful sphere of influence. [1116] None of this is to suggest that the relationship between China and Russia is likely to deteriorate, though that is not inconceivable should Russian fears about the rise of China become acute, perhaps even persuading Russia, in extremis, to turn westwards and seek some kind of solace with the European Union or NATO ...»

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