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THE IMPACT OF STRUCTURAL FUNDS AND COHESION FUND ON THE DEVELOPMENT PROCESS OF GREECE (1989-1999) AND THE RELEVANT TO OBJECTIVE 1 REFORMS OF THE STRUCTURAL FUNDS (2000-2006).

Authors
Disciplines
  • Economics

Abstract

331.PDF Regional Science Association 40th European Congress Barcelona (Spain) 29th August – 1st September, 2000 Chryssanthi K. Balomenou Ph.Doctor in the Department of Economic and Regional Development, Panteion University, Athens – Regionalist (M.sc) - Marketing Analyst of Banking Branches’ Network Development in National Bank of Greece Address: 21 Psaron str, 152 32 Halandri, Athens, GR E – mail:[email protected] Phone:++30 1 334 6158 - ++30 1 6891296 - ++ 30 1 6833947 - ++30 1 6814968 Fax: ++ 30 1 334 6118 – ++30 1 3234706 Subject: The impact of Structural Funds and Cohesion Fund on the development process of Greece (1989-1999) and the relevant to Objective 1 reforms of the Structural Funds (2000-2006) ABSTRACT : The first part of my paper will be concerned with assessing the overall impact of EU structural policies at Member States level (Greece). This will include an analysis which will be structured three main parts. The second part will refer to the reforms of the Structural Funds (2000-2006) and especially to those of Objective 1, given that Greece, as it is well known, is eligible under this Objective. More specifically a sensitivity comparative analysis between the former (1994- 1999) and the revised Regulations (2000-2006) will be carried out using considerable and reasonable arguments In the last part of my paper, I will work out a global assessment of the overall aforementioned analysis, which will also include the conclusion and proposals. 2 PART A THE IMPACT OF STRUCTURAL FUNDS AND COHESION FUND ON THE THE DEVELOPMENT PROCESS OF GREECE (1989-1999) 1. The time evolusion of socio-economic problems in Greece and the challenge of cohesion The performance of the economy deteriorated in the 1980s and, for over the decade, the Greek economy has been characterised by macroeconomic imbalance combined with weak competitiveness. Thus, the law growth rates of the economy have caused a lack of convergence in GDP per capi

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