EU Cohesion Policy at the Time of Economic Crisis: Assessing the Impact on Small Open Economies Cover Image

Кохезионната политика на ЕС в период на икономическа криза: оценка на въздействието върху малките отворени икономики
EU Cohesion Policy at the Time of Economic Crisis: Assessing the Impact on Small Open Economies

Author(s): John Bradley
Subject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: JEL: F01; O12; P51

Summary/Abstract: This is a review of issues concerning the role and effectiveness of the EU Structural and Cohesion Funds in different countries before and after the EU enlargement since 2004. Based on Ireland’s experience this analysis focuses on the impact of the cohesion policy on the small open economies under the conditions of economic crisis and the implementation of the Lisbon Strategy ’2000. An integrated micro-macro approach is presented, attempting to elucidate the policy contradictions and the results from the applied programs at a highly aggregated level, making use of macroeconomic models (macro or top-down) and at a disaggregated level (micro or bottom-up). The thesis is defended, that the interaction of both approaches shall enable the impacts on the micro-level to be linked with the impacts on macro-level (GDP and employment)

  • Issue Year: 2010
  • Issue No: 2
  • Page Range: 3-23
  • Page Count: 21
  • Language: Bulgarian