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European Union Regional Policy: Sleepwalking to a Crisis

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  • Harvey W. Armstrong

    (Department of Geography University of Sheffield Sheffield S10 2TN UK)

Abstract

The European Union has developed a sophisticated and quite well-funded regional policy administered through its various structural funds. This policy now faces a number of severe challenges. Market forces are bringing about convergence at a snail's pace. With the regional impacts of the single market and monetary union ahead, and with the threat of enlargement to the east looming, reform is an urgent priority. Unfortunately, the existing policy structure is inadequate for the challenges ahead. This paper considers the weaknesses of the current policy and urges a radical shake-up.

Suggested Citation

  • Harvey W. Armstrong, 1996. "European Union Regional Policy: Sleepwalking to a Crisis," International Regional Science Review, , vol. 19(3), pages 193-209, July.
    • Handle: RePEc:sae:inrsre:v:19:y:1996:i:3:p:193-209
    DOI: 10.1177/016001769601900301
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    References listed on IDEAS

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    Cited by:

    1. Massimo FLORIO & Silvia VIGNETTI, 2003. "Cost-benefit analysis of infrastructure projects in an enlarged European Union: an incentive-oriented approach," Departmental Working Papers 2003-13, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.

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