THE EU NEW COHESION POLICY – A LEADING PART IN TRANSFORMING THE EUROPEAN ECONOMY Cover Image
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THE EU NEW COHESION POLICY – A LEADING PART IN TRANSFORMING THE EUROPEAN ECONOMY
THE EU NEW COHESION POLICY – A LEADING PART IN TRANSFORMING THE EUROPEAN ECONOMY

Author(s): Gabriela Marchis
Subject(s): Economy
Published by: Addleton Academic Publishers
Keywords: ESI funds; Europe 2020; economic growth; regional development

Summary/Abstract: The new architecture of the EU cohesion policy for the programming period 2014-2020, was designed based on the current challenges faced by all regions and member states, such as: emerging from the economic crisis, the impact of globalization, aging and demographic change, technological change and requirements for innovation, environmental and energy problems, and etcetera. Finding integrated solutions, to these diverse and multidimensional problems, is at the heart of the new philosophy of communitarian development, described by Europe 2020 strategy. The aim of this paper is to increase the awareness and the perception of all relevant stakeholders that are involved in the implementation of EU cohesion policy (relevant ministries, regions, municipalities, professional organizations, research centers, businesses or social partners), on their responsibilities for directing and using the EU funding in a more efficient, consistent and cost-effective way in order to reach their full potential in creating growth and jobs in entire Europe.

  • Issue Year: 9/2014
  • Issue No: 4
  • Page Range: 471-479
  • Page Count: 9
  • Language: English