Euroopa Liit
interest
- Redistributive policies – transfer financial resources from groups of individuals,
regions or countries to others
- Distributive policies – allocate financial resources and benefits to selected
beneficiaries
- Constituent policies – rules of the gamses,benefits related to balance of power
EUs re-distributive tool – a policy with the stated aim of improving the economic well-being
of reigons in the EU and also to avoid regional disparities. Restructures declining industrial
areas and diversify rural areas which hace declining agriculture
EU cohesion policy at a glance
36% of EU budget:
Financial instruments
- European Regional Development Fund
- European Social Fund
- Cohesion Fund
Three objectives
- Convergence objective – for regions w/ a GDP below 7% of community average
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