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European Union

European Cohesion Policy

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European Cohesion Policy. European cohesion policy is less successful than it could be. Cohesion policy aims at reducing differences in GDP per capita between regions within the European Union. Billions of euro are spent on regional projects that, among other things, improve infrastructure and modernise education. Simulations with large macroeconomic models show that these projects could accelerate economic growth substantially. Analyses of the actual growth record of recipient regions reveal, however, that this potential materialises only to a limited extent. For some of the poorest regions in Europe this means they miss out on half a percentage point of annual economic growth. Sjef Ederveen, Joeri Gorter, Ruud de Mooij and Richard Nahuis of CPB Netherlands Bureau for Economic Policy Analysis reach this conclusion in their study "Funds and games: the economics of European cohesion policy"

 

By CPB Netherlands Bureau for Economic Policy Analysis, Europe.

European Union Policy Resource.


The Future of EU Competition Policy

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The Future of EU Competition Policy. This paper calls for a radical rethink of how competition policy is run. The author questions whether the European Commission has the right institutional basis to manage increasingly high-profile competition cases and argues for a new 'European Competition Agency' to take the politics out of merger and anti-trust investigations. "The Future of European Competition Policy" by Edward Bannerman is published by the Centre for European Reform.

 

By Centre for European Reform, Europe.

European Union Policy Resource.


The EU-US Military Relationship

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The EU-US Military Relationship. The recent US defence plans have brought the military imbalance between the EU and the US into sharp relief. Assured EU access to US and NATO military assets may be an unrealistic European belief. Kori Schake believes that the most productive way to redress these political and military problems is to encourage not only the emergence of a viable European military force, but also the duplication of capabilities already existing in NATO and US forces. "Constructive Duplication: Reducing EU Reliance on US Military Assets" is published by the Centre for European Reform.

 

By Centre for European Reform, Europe, US.

European Union Policy Resource.