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A European fund for economic revival in crisis countries

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  • Benedicta Marzinotto

Abstract

Significant volumes of Structural and Cohesion Funds have been pre-allocated but remain undisbursed or uncommitted. In Portugal, unused funds amount to 9.3 percent of GDP, in Greece close to 7 percent, and in central and eastern European countries about 15 percent. These funds should be part of a temporary European Fund for Economic Revival (EFER) for 2011-13, which would promote economic growth in crisis-hit countries and facilitate structural reforms.For countries...

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  • Benedicta Marzinotto, 2011. "A European fund for economic revival in crisis countries," Policy Contributions 504, Bruegel.
    • Handle: RePEc:bre:polcon:504
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    Cited by:

    1. Yiannis Saratsis & Angelos Kotios & George Galanos, 2012. "Greek economic crisis and its impact on regional development and policy," ERSA conference papers ersa12p505, European Regional Science Association.
    2. Mihaela Neculita & Valentin Neculita & Rodica Emanuela Afanase, 2015. "Evolution Of National Strategic Plans Implementation In Central And Eastern European Countries," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 549-554.
    3. Riemer P. Faber & Pierre Koning, 2017. "Why not fully spend a conditional block grant?," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 24(1), pages 60-95, February.
    4. Marcin J. Piątkowski, 2020. "Results of SME Investment Activities: A Comparative Analysis among Enterprises Using and Not Using EU Subsidies in Poland," Administrative Sciences, MDPI, vol. 10(1), pages 1-26, January.
    5. Zeilbeck, Severin, 2015. "An investment initiative for fiscally constrained EU member states: The role of synergetic financial instruments," IPE Working Papers 58/2015, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    6. Madalina Anghel & Diana Dumitrescu & Daniel Dumitrescu & Georgiana Nita, 2016. "Role of banks in in European funds absorptionto maintain macroeconomic stability," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(9), pages 43-49, September.
    7. Zsolt Darvas & Jean Pisani-Ferry, 2011. "Europe's Growth Emergency," CERS-IE WORKING PAPERS 1144, Institute of Economics, Centre for Economic and Regional Studies.
    8. Claudiu-Tiberiu ALBULESCU & Daniel GOYEAU, 2013. "EU Funds Absorption Rate and the Economic Growth," Timisoara Journal of Economics and Business, West University of Timisoara, Romania, Faculty of Economics and Business Administration, vol. 6(20), pages 153-170.
    9. GHEORGHE ZAMAN & Anca CRISTEA, 2011. "EU Structural Funds Absorption in Romania: Obstacles and Issues," Romanian Journal of Economics, Institute of National Economy, vol. 32(1(41)), pages 60-77, June.
    10. Spencer, Thomas & Lucas, Chancel & Emmanuel, Guerin, 2012. "Exiting the crisis in the right direction: A sustainable and shared prosperity plan for Europe," MPRA Paper 38802, University Library of Munich, Germany.
    11. Riemer P. Faber & Pierre Koning, 2017. "Why not fully spend a conditional block grant?," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 24(1), pages 60-95, February.
    12. Andrew Watt, 2011. "Economic governance in Europe in the wake of the crisis: reform proposals and their alternatives," Transfer: European Review of Labour and Research, , vol. 17(2), pages 255-261, May.
    13. Iana Paliova & Mr. Tonny Lybek, 2014. "Bulgaria’s EU Funds Absorption: Maximizing the Potential!," IMF Working Papers 2014/021, International Monetary Fund.
    14. Ebeling Antoine, 2022. "European investment Bank loan appraisal, the EU climate bank ?," Working Papers of BETA 2022-10, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    15. Valentin Jouvanceau, 2023. "Consumer price rigidity in periods of low and high inflation: the case of Lithuania," Bank of Lithuania Discussion Paper Series 34, Bank of Lithuania.

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