"Working Papers": Cross-Country impact assessment of EU Cohesion Policy
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24 June 2019The Europen Commission Directorate-General for Regional Policy has published the second edition of "Working Papers" (a series of short papers on regional research and indicators). This latest paper compares and assesses the economic impact of the policy in the 15 countries which are the biggest recipients of Cohesion funding.
The purpose of the European Cohesion Policy is to reduce disparities among EU regions by co-financing growth-enhancing investments and creating conditions for stimulating growth, particularly in the less developed regions and Member States. The impact assessment was carried out based on the so-called 'HERMIN' macro-economic model and uses financial data from both the budgetary periods 2000-2006 and 2007-2013.
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