The Policy of Aligning the Socio-Economic Development of the Regions in the European Union

Journal Title: Бізнес Інформ - Year 2016, Vol 9, Issue

Abstract

The article is aimed at studying features of the regional policy in the European Union (EU), and generalizing its experience in aligning the socio-economic development of regions. The process of establishing the regional policy in the EU, which consists of certain stages, has been analyzed. The initial stage is associated with development of the medium-term programs of the economic policy of the EU. The next stage is associated with creating the structures for financing activities of regional policy, that is, committees and foundations, which are operating within the EU budget. The current stage of the regional policy of the EU provides for harmonization of activities for improving efficiency of programs and projects; emphasis on compliance with components of the strategy of «Europe-2020»; establishing new partnerships in order to enhance the interaction between the Member States of the European Union. An innovation of the new stage of the regional policy of the EU is also the approach to identifying the problematic regions. Supporting the problematic regions is the direction of activity of the EU, which over time becomes increasingly important, since the expansion of the Union is characterized by the accession of countries with a low level of the socio-economic development and thus requires appropriate activities of supranational policy.

Authors and Affiliations

Olena Kozyrieva

Keywords

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  • EP ID EP91008
  • DOI -
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How To Cite

Olena Kozyrieva (2016). The Policy of Aligning the Socio-Economic Development of the Regions in the European Union. Бізнес Інформ, 9(), 34-39. https://europub.co.uk/articles/-A-91008