ON EUROPEAN UNION ECONOMIC GROWTH: IS COHESION POLICY STILL RELEVANT?
The geostrategic and macroeconomic landscaped is quickly changing and, lately at a faster pace. The European Union is faced with many challenges and has to find appropriate instruments to address them. Cohesion policy was a staple of EU instruments addressing regional disparities by supporting co...
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University of Oradea
2024-12-01
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| Series: | Annals of the University of Oradea: Economic Science |
| Subjects: | |
| Online Access: | https://anale.steconomiceuoradea.ro/en/wp-content/uploads/2025/01/AUOES.December.2024.10.pdf |
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| _version_ | 1832590544146006016 |
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| author | Cătălin Marian COSTACHE Marcel Ioan BOLOȘ |
| author_facet | Cătălin Marian COSTACHE Marcel Ioan BOLOȘ |
| author_sort | Cătălin Marian COSTACHE |
| collection | DOAJ |
| description | The geostrategic and macroeconomic landscaped is quickly changing
and, lately at a faster pace. The European Union is faced with many challenges and
has to find appropriate instruments to address them. Cohesion policy was a staple
of EU instruments addressing regional disparities by supporting competitiveness,
human capital and territorial cohesion and quality of life. The fields of intervention
of the cohesion policy have increased over time and have diversified in a multitude
of objectives and programs diluting its resources. But new circumstances require
new approaches. NextGenerationEU RRF has risen to be an adapted instrument to
a multitude of crises with a performance mechanism that sees reforms performed
at the same time with investments. In this article we analyse the concepts, macroeconomic neoclassical theory and empiric results a show that there is still an
important role for the Cohesion policy especially in increasing the efficiency factors
in the neoclassical production functions which would ensure and advancement in
the growth of the EU economy while also allowing for cohesion “the glue that keeps
Europe together”. |
| format | Article |
| id | doaj-art-7d1f7bbacedc485894c6ece3cc21c6b9 |
| institution | Kabale University |
| issn | 1222-569X 1582-5450 |
| language | deu |
| publishDate | 2024-12-01 |
| publisher | University of Oradea |
| record_format | Article |
| series | Annals of the University of Oradea: Economic Science |
| spelling | doaj-art-7d1f7bbacedc485894c6ece3cc21c6b92025-01-23T12:26:21ZdeuUniversity of OradeaAnnals of the University of Oradea: Economic Science1222-569X1582-54502024-12-0133211512610.47535/1991AUOES33(2)010ON EUROPEAN UNION ECONOMIC GROWTH: IS COHESION POLICY STILL RELEVANT?Cătălin Marian COSTACHE0Marcel Ioan BOLOȘ1Doctoral School of Economic Sciences, Faculty of Economic Sciences, University of Oradea, Oradea, RomaniaFaculty of Economic Sciences, University of Oradea, Oradea, RomaniaThe geostrategic and macroeconomic landscaped is quickly changing and, lately at a faster pace. The European Union is faced with many challenges and has to find appropriate instruments to address them. Cohesion policy was a staple of EU instruments addressing regional disparities by supporting competitiveness, human capital and territorial cohesion and quality of life. The fields of intervention of the cohesion policy have increased over time and have diversified in a multitude of objectives and programs diluting its resources. But new circumstances require new approaches. NextGenerationEU RRF has risen to be an adapted instrument to a multitude of crises with a performance mechanism that sees reforms performed at the same time with investments. In this article we analyse the concepts, macroeconomic neoclassical theory and empiric results a show that there is still an important role for the Cohesion policy especially in increasing the efficiency factors in the neoclassical production functions which would ensure and advancement in the growth of the EU economy while also allowing for cohesion “the glue that keeps Europe together”.https://anale.steconomiceuoradea.ro/en/wp-content/uploads/2025/01/AUOES.December.2024.10.pdfcohesion policynextgenerationeuneo-classical theory |
| spellingShingle | Cătălin Marian COSTACHE Marcel Ioan BOLOȘ ON EUROPEAN UNION ECONOMIC GROWTH: IS COHESION POLICY STILL RELEVANT? Annals of the University of Oradea: Economic Science cohesion policy nextgenerationeu neo-classical theory |
| title | ON EUROPEAN UNION ECONOMIC GROWTH: IS COHESION POLICY STILL RELEVANT? |
| title_full | ON EUROPEAN UNION ECONOMIC GROWTH: IS COHESION POLICY STILL RELEVANT? |
| title_fullStr | ON EUROPEAN UNION ECONOMIC GROWTH: IS COHESION POLICY STILL RELEVANT? |
| title_full_unstemmed | ON EUROPEAN UNION ECONOMIC GROWTH: IS COHESION POLICY STILL RELEVANT? |
| title_short | ON EUROPEAN UNION ECONOMIC GROWTH: IS COHESION POLICY STILL RELEVANT? |
| title_sort | on european union economic growth is cohesion policy still relevant |
| topic | cohesion policy nextgenerationeu neo-classical theory |
| url | https://anale.steconomiceuoradea.ro/en/wp-content/uploads/2025/01/AUOES.December.2024.10.pdf |
| work_keys_str_mv | AT catalinmariancostache oneuropeanunioneconomicgrowthiscohesionpolicystillrelevant AT marcelioanbolos oneuropeanunioneconomicgrowthiscohesionpolicystillrelevant |