Structural Funds as Instruments for Regional Economic Development in Lithuania
Structural Funds as Instruments for Regional Economic Development in Lithuania
Author(s): Vaida Kvainauskaitė, Vitalija Kardokaitė-ŠimanauskienėSubject(s): Geography, Regional studies, National Economy, Economic policy, Economic development, Fiscal Politics / Budgeting, EU-Legislation
Published by: Kauno Technologijos Universitetas
Keywords: regional economic development; regional convergence; regional divergence; structural funds; single programming document;
Summary/Abstract: In Lithuania, as in other countries of the world, economic and social development of the regions differs, therefore, the EU regional policy goal is to ensure equal regional economic and social development, decrease of regional divergence and growth of regional market competitiveness. The article deals with the theories of regional economic convergence and divergence, their reflections in current regional economic development policy; Structural funds as stimulating means of regional convergence; Structural fund impact on regional development in Lithuania; and relationship between regional economic and social development level and Structural fund allocation level. Based on Structural fund allocation level in different Lithuanian regions, current status of Structural fund allocation among the regions is analyzed and its key issues are disclosed.
Journal: Engineering Economics
- Issue Year: 2005
- Issue No: 2 (42)
- Page Range: 26-34
- Page Count: 9
- Language: English