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Regional transfers in Europe: Do we need fewer of them or different ones?

Regional transfers in Europe: Do we need fewer of them or different ones?

Sascha O. Becker, The CAGE Background Briefing Series No. 21, August 2015
background briefing series, policy briefing, political economy

Sascha O. Becker, The CAGE Background Briefing Series No. 21, August 2015

The EU encourages regional cohesion through transfers for structural changes and development. This column presents new research suggesting that some poorer countries don’t benefit as well as we might expect. This is likely to be because of worse technological and institutional absorptive capacity. Structural transfers need reform, and policymakers would do well to focus on recipients’ absorptive capacity.

Political Economy