Evaluation of effectiveness of the EU's regional policy

Regional Policy of the European Union should lead to decrease deepening of regional disparities, which is present due to ongoing integration and enlargement of the EU. A lot of regional disparities is caused by so called agglomeration forces, which lead to concentration of economic activity in strong centers (agglomeration poles), and which are described by New Economic Geography. This thesis deals with the question if today's Regional Policy of the EU leads to reduce regional disparities. By analyzing regional data and existing empirical studies I point out some failures of this policy and recommend practical steps for the future. Powered by TCPDF (www.tcpdf.org