Lessons from European Union Policies for Regional Development
Regional disparities present an ever present development challenge in most countries, especially those with large geographic areas under their jurisdiction. A neglect of these inequities may create the potential for disunity and, in extreme cases,...
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| Format: | Policy Research Working Paper |
| Language: | English |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090622133035 http://hdl.handle.net/10986/4169 |
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okr-10986-4169 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS TO INFORMATION ACCOUNTING AGRICULTURE ALLOCATION ARABLE LANDS ARBITRAGE CAPITAL STOCK COMMON MARKET COMPARATIVE ADVANTAGE COMPARATIVE ECONOMICS COMPETITIVE MARKET COMPETITIVENESS CONVERGENCE CONVERGENCE HYPOTHESIS DECENTRALIZATION DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DIMINISHING RETURNS DISEQUILIBRIUM ECONOMETRIC ANALYSIS ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC TOOLS EXPENDITURES EXTERNALITIES FINANCES FINANCIAL INSTRUMENT FINANCIAL INSTRUMENTS FINANCING REQUIREMENTS FISCAL POLICIES FLOW OF INVESTMENTS FUTURE RESEARCH GDP GDP PER CAPITA GEOGRAPHIC PROXIMITY GLOBAL ECONOMIES GLOBAL ECONOMY GLOBALIZATION GNP GOVERNMENT POLICIES GROSS NATIONAL PRODUCT GROSS VALUE GROWTH MODEL GROWTH PATH GROWTH RATES GUARANTEE FUND HOLDING HOST COUNTRIES HUMAN CAPITAL INCOME INCOME CONVERGENCE INCOME DIFFERENTIALS INCOME GROUPS INCOME LEVELS INCOME TRANSFERS INCREASING RETURNS INCREASING RETURNS TO SCALE INFRASTRUCTURE INVESTMENT INTERNAL BARRIERS INTERNATIONAL BANK INVESTING INVESTMENT LEVELS INVESTMENT PATTERNS KNOWLEDGE CAPITAL LABOR MARKET LABOR PRODUCTIVITY LAGGING REGIONS LEGAL ENVIRONMENT LEVEL PLAYING FIELD LOCAL BUSINESSES LOCAL ECONOMIES LOCAL ECONOMY LOCAL FINANCE LOCAL GOVERNMENT LOCAL GOVERNMENTS MACROECONOMIC PROBLEMS MARKET BARRIERS MARKET CONDITIONS MARKET DISCIPLINE MARKET DISTORTIONS MARKET ENVIRONMENT MARKET ENVIRONMENTS MARKET EVIDENCE MARKET FORCES MARKET INTEGRATION MARKET OPENING MARKET REFORMS MARKET STRUCTURES MEMBER COUNTRIES MEMBER STATE MEMBER STATES MONETARY POLICIES MONETARY POLICY MONETARY UNION MORAL HAZARD NATIONAL MARKET NATIONAL POLICIES NATIONAL PRODUCT PERFECT COMPETITION POLITICAL ECONOMY POLITICAL INTEGRATION POLITICAL STABILITY POVERTY REDUCTION PRIVATE INVESTMENT PRODUCTIVE CAPACITY PRODUCTIVE INVESTMENTS PRODUCTIVITY GROWTH PROPERTY RIGHTS PROTECTIONISM PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC SERVICES RECESSION REGIONAL CONTEXT REGIONAL DEVELOPMENT REGIONAL DEVELOPMENT POLICIES REGIONAL DEVELOPMENT POLICY REGIONAL DIFFERENCES REGIONAL DISPARITIES REGIONAL DISPARITY REGIONAL FUNDS REGIONAL GROUPS REGIONAL GROWTH REGIONAL INEQUALITIES REGIONAL INEQUALITY REGIONAL INTEGRATION REGIONAL LEVEL REGIONAL MARKET REGIONAL PERFORMANCES REGIONAL POLICIES REGIONAL POLICY REGIONAL PRODUCTIVITY REGIONAL SCIENCE REMOVAL OF BARRIERS RULE OF LAW RURAL AREAS SAVINGS STATE INTERVENTION STRUCTURAL CHANGE STRUCTURAL CHANGES SUSTAINABILITY TAX TAX INCENTIVES TAX RATE TECHNOLOGICAL CHANGE TOTAL FACTOR PRODUCTIVITY TRADE BARRIERS TRANSPORT TREATY UNEMPLOYMENT UNEMPLOYMENT RATES VALUE ADDED WAGE RATES WEALTH WORLD ECONOMY WORLD MARKET WORLD MARKET INTEGRATION |
| spellingShingle |
ACCESS TO INFORMATION ACCOUNTING AGRICULTURE ALLOCATION ARABLE LANDS ARBITRAGE CAPITAL STOCK COMMON MARKET COMPARATIVE ADVANTAGE COMPARATIVE ECONOMICS COMPETITIVE MARKET COMPETITIVENESS CONVERGENCE CONVERGENCE HYPOTHESIS DECENTRALIZATION DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DIMINISHING RETURNS DISEQUILIBRIUM ECONOMETRIC ANALYSIS ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC TOOLS EXPENDITURES EXTERNALITIES FINANCES FINANCIAL INSTRUMENT FINANCIAL INSTRUMENTS FINANCING REQUIREMENTS FISCAL POLICIES FLOW OF INVESTMENTS FUTURE RESEARCH GDP GDP PER CAPITA GEOGRAPHIC PROXIMITY GLOBAL ECONOMIES GLOBAL ECONOMY GLOBALIZATION GNP GOVERNMENT POLICIES GROSS NATIONAL PRODUCT GROSS VALUE GROWTH MODEL GROWTH PATH GROWTH RATES GUARANTEE FUND HOLDING HOST COUNTRIES HUMAN CAPITAL INCOME INCOME CONVERGENCE INCOME DIFFERENTIALS INCOME GROUPS INCOME LEVELS INCOME TRANSFERS INCREASING RETURNS INCREASING RETURNS TO SCALE INFRASTRUCTURE INVESTMENT INTERNAL BARRIERS INTERNATIONAL BANK INVESTING INVESTMENT LEVELS INVESTMENT PATTERNS KNOWLEDGE CAPITAL LABOR MARKET LABOR PRODUCTIVITY LAGGING REGIONS LEGAL ENVIRONMENT LEVEL PLAYING FIELD LOCAL BUSINESSES LOCAL ECONOMIES LOCAL ECONOMY LOCAL FINANCE LOCAL GOVERNMENT LOCAL GOVERNMENTS MACROECONOMIC PROBLEMS MARKET BARRIERS MARKET CONDITIONS MARKET DISCIPLINE MARKET DISTORTIONS MARKET ENVIRONMENT MARKET ENVIRONMENTS MARKET EVIDENCE MARKET FORCES MARKET INTEGRATION MARKET OPENING MARKET REFORMS MARKET STRUCTURES MEMBER COUNTRIES MEMBER STATE MEMBER STATES MONETARY POLICIES MONETARY POLICY MONETARY UNION MORAL HAZARD NATIONAL MARKET NATIONAL POLICIES NATIONAL PRODUCT PERFECT COMPETITION POLITICAL ECONOMY POLITICAL INTEGRATION POLITICAL STABILITY POVERTY REDUCTION PRIVATE INVESTMENT PRODUCTIVE CAPACITY PRODUCTIVE INVESTMENTS PRODUCTIVITY GROWTH PROPERTY RIGHTS PROTECTIONISM PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC SERVICES RECESSION REGIONAL CONTEXT REGIONAL DEVELOPMENT REGIONAL DEVELOPMENT POLICIES REGIONAL DEVELOPMENT POLICY REGIONAL DIFFERENCES REGIONAL DISPARITIES REGIONAL DISPARITY REGIONAL FUNDS REGIONAL GROUPS REGIONAL GROWTH REGIONAL INEQUALITIES REGIONAL INEQUALITY REGIONAL INTEGRATION REGIONAL LEVEL REGIONAL MARKET REGIONAL PERFORMANCES REGIONAL POLICIES REGIONAL POLICY REGIONAL PRODUCTIVITY REGIONAL SCIENCE REMOVAL OF BARRIERS RULE OF LAW RURAL AREAS SAVINGS STATE INTERVENTION STRUCTURAL CHANGE STRUCTURAL CHANGES SUSTAINABILITY TAX TAX INCENTIVES TAX RATE TECHNOLOGICAL CHANGE TOTAL FACTOR PRODUCTIVITY TRADE BARRIERS TRANSPORT TREATY UNEMPLOYMENT UNEMPLOYMENT RATES VALUE ADDED WAGE RATES WEALTH WORLD ECONOMY WORLD MARKET WORLD MARKET INTEGRATION Shankar, Raja Shah, Anwar Lessons from European Union Policies for Regional Development |
| geographic_facet |
The World Region The World Region |
| relation |
Policy Research working paper ; no. WPS 4977 |
| description |
Regional disparities present an ever
present development challenge in most countries, especially
those with large geographic areas under their jurisdiction.
A neglect of these inequities may create the potential for
disunity and, in extreme cases, for disintegration. In view
of this, most countries actively pursue policies with a view
to helping lagging regions catch up with faster growing
regions. These policies have at best a mixed record of
success. It is therefore useful to discern what type of
policies work and why? In this context learning from the
experience of the European Union (EU) may be particularly
instructive as, over the years, it has provided significant
support to assist poorer regions achieve convergence with
the richer regions. This paper reviews the impact of EU
policies for regional development to draw lessons of
interest to other countries pursuing similar goals. The
paper concludes that policies that serve to create an
internal common market by creating a level playing field
that enables poorer regions to integrate with the broader
national and global economies have the best potential to
advance regional income convergence. In this context,
removal of barriers to trade and factor mobility and
providing enhanced access to information and technology to
the lagging regions should be main policy priorities for
regional development. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Shankar, Raja Shah, Anwar |
| author_facet |
Shankar, Raja Shah, Anwar |
| author_sort |
Shankar, Raja |
| title |
Lessons from European Union Policies for Regional Development |
| title_short |
Lessons from European Union Policies for Regional Development |
| title_full |
Lessons from European Union Policies for Regional Development |
| title_fullStr |
Lessons from European Union Policies for Regional Development |
| title_full_unstemmed |
Lessons from European Union Policies for Regional Development |
| title_sort |
lessons from european union policies for regional development |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090622133035 http://hdl.handle.net/10986/4169 |
| _version_ |
1764390240990003200 |
| spelling |
okr-10986-41692021-04-23T14:02:15Z Lessons from European Union Policies for Regional Development Shankar, Raja Shah, Anwar ACCESS TO INFORMATION ACCOUNTING AGRICULTURE ALLOCATION ARABLE LANDS ARBITRAGE CAPITAL STOCK COMMON MARKET COMPARATIVE ADVANTAGE COMPARATIVE ECONOMICS COMPETITIVE MARKET COMPETITIVENESS CONVERGENCE CONVERGENCE HYPOTHESIS DECENTRALIZATION DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DIMINISHING RETURNS DISEQUILIBRIUM ECONOMETRIC ANALYSIS ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC TOOLS EXPENDITURES EXTERNALITIES FINANCES FINANCIAL INSTRUMENT FINANCIAL INSTRUMENTS FINANCING REQUIREMENTS FISCAL POLICIES FLOW OF INVESTMENTS FUTURE RESEARCH GDP GDP PER CAPITA GEOGRAPHIC PROXIMITY GLOBAL ECONOMIES GLOBAL ECONOMY GLOBALIZATION GNP GOVERNMENT POLICIES GROSS NATIONAL PRODUCT GROSS VALUE GROWTH MODEL GROWTH PATH GROWTH RATES GUARANTEE FUND HOLDING HOST COUNTRIES HUMAN CAPITAL INCOME INCOME CONVERGENCE INCOME DIFFERENTIALS INCOME GROUPS INCOME LEVELS INCOME TRANSFERS INCREASING RETURNS INCREASING RETURNS TO SCALE INFRASTRUCTURE INVESTMENT INTERNAL BARRIERS INTERNATIONAL BANK INVESTING INVESTMENT LEVELS INVESTMENT PATTERNS KNOWLEDGE CAPITAL LABOR MARKET LABOR PRODUCTIVITY LAGGING REGIONS LEGAL ENVIRONMENT LEVEL PLAYING FIELD LOCAL BUSINESSES LOCAL ECONOMIES LOCAL ECONOMY LOCAL FINANCE LOCAL GOVERNMENT LOCAL GOVERNMENTS MACROECONOMIC PROBLEMS MARKET BARRIERS MARKET CONDITIONS MARKET DISCIPLINE MARKET DISTORTIONS MARKET ENVIRONMENT MARKET ENVIRONMENTS MARKET EVIDENCE MARKET FORCES MARKET INTEGRATION MARKET OPENING MARKET REFORMS MARKET STRUCTURES MEMBER COUNTRIES MEMBER STATE MEMBER STATES MONETARY POLICIES MONETARY POLICY MONETARY UNION MORAL HAZARD NATIONAL MARKET NATIONAL POLICIES NATIONAL PRODUCT PERFECT COMPETITION POLITICAL ECONOMY POLITICAL INTEGRATION POLITICAL STABILITY POVERTY REDUCTION PRIVATE INVESTMENT PRODUCTIVE CAPACITY PRODUCTIVE INVESTMENTS PRODUCTIVITY GROWTH PROPERTY RIGHTS PROTECTIONISM PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC SERVICES RECESSION REGIONAL CONTEXT REGIONAL DEVELOPMENT REGIONAL DEVELOPMENT POLICIES REGIONAL DEVELOPMENT POLICY REGIONAL DIFFERENCES REGIONAL DISPARITIES REGIONAL DISPARITY REGIONAL FUNDS REGIONAL GROUPS REGIONAL GROWTH REGIONAL INEQUALITIES REGIONAL INEQUALITY REGIONAL INTEGRATION REGIONAL LEVEL REGIONAL MARKET REGIONAL PERFORMANCES REGIONAL POLICIES REGIONAL POLICY REGIONAL PRODUCTIVITY REGIONAL SCIENCE REMOVAL OF BARRIERS RULE OF LAW RURAL AREAS SAVINGS STATE INTERVENTION STRUCTURAL CHANGE STRUCTURAL CHANGES SUSTAINABILITY TAX TAX INCENTIVES TAX RATE TECHNOLOGICAL CHANGE TOTAL FACTOR PRODUCTIVITY TRADE BARRIERS TRANSPORT TREATY UNEMPLOYMENT UNEMPLOYMENT RATES VALUE ADDED WAGE RATES WEALTH WORLD ECONOMY WORLD MARKET WORLD MARKET INTEGRATION Regional disparities present an ever present development challenge in most countries, especially those with large geographic areas under their jurisdiction. A neglect of these inequities may create the potential for disunity and, in extreme cases, for disintegration. In view of this, most countries actively pursue policies with a view to helping lagging regions catch up with faster growing regions. These policies have at best a mixed record of success. It is therefore useful to discern what type of policies work and why? In this context learning from the experience of the European Union (EU) may be particularly instructive as, over the years, it has provided significant support to assist poorer regions achieve convergence with the richer regions. This paper reviews the impact of EU policies for regional development to draw lessons of interest to other countries pursuing similar goals. The paper concludes that policies that serve to create an internal common market by creating a level playing field that enables poorer regions to integrate with the broader national and global economies have the best potential to advance regional income convergence. In this context, removal of barriers to trade and factor mobility and providing enhanced access to information and technology to the lagging regions should be main policy priorities for regional development. 2012-03-19T19:11:11Z 2012-03-19T19:11:11Z 2009-06-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090622133035 http://hdl.handle.net/10986/4169 English Policy Research working paper ; no. WPS 4977 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region |