The processes of convergence and divergence in the regions of the European Union: features and evaluation (1995 – 2011)
The processes of convergence and divergence in the regions of the European Union: features and evaluation (1995 – 2011)

Summary/Abstract: A higher level of unity and cohesion across the European Union member states is an important aspect of the European integration though it is rather ambiguous in nature. The Law on the Common market, which aims at increasing the economic efficiency of the EU, has become the subject of extensive discussions among researchers suggesting that its viability at the political and socio-economic levels depends on fair distribution of gains among the countries and regions of the Community. These discussions have resulted in a considerable increase in funding allocated for the development of the EU regions from the EU Structural Funds and the Cohesion Fund whose aim is to reduce regional disparities.

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