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New Directions in European Regional Policy and their Implications for Spain

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  • Salmon, Keith

    (The Business School, University of Hertfordshire)

Abstract

This paper focuses on the new architecture of Cohesion Policy andthe new European financial framework within which it is set. The discussion is dividedinto five sections. Section one examines the structure of the new European FinancialFramework, highlighting its impact on financial transfers between Europeand Spain. In section two the new architecture of Cohesion Policy is explained,pointing out the relationships with related agriculture and fisheries policies and endingwith an assessment of the principal features of the new Cohesion policy architecture.Section three examines the financial resources behind Cohesion Policy andtheir distribution in Spain. In section four the discussion shifts to a consideration ofthe concepts of convergence and the nature of regions. Finally the conclusion suggeststhat there are significant administrative, financial and strategic planning implicationsof the new financial framework and remodelled Cohesion policy: for economicdevelopment in general and for regional development in particular over thecoming years.

Suggested Citation

  • Salmon, Keith, 2008. "New Directions in European Regional Policy and their Implications for Spain," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 12, pages 147-177.
    • Handle: RePEc:ris:invreg:0121
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    References listed on IDEAS

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    Cited by:

    1. Ioan Ianos & Irina Saghin & Gabriel Pascariu, 2013. "Regions and the Territorial Cohesion," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 9(4), pages 415-429, August.
    2. Ogando Canabal, Olga & Rodríguez Prado, Beatriz & Zarzosa Espina, Pilar & Moyano Pesquera, Pedro, 2010. "El FCI como instrumento de solidaridad interterritorial: una propuesta de reforma/The FCI as a Tool for Inter-Regional Solidarity: A Reform Proposal," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 28, pages 165-192, Abril.

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    More about this item

    Keywords

    Cohesion policy; convergence; European financial framework; regions; Spain;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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