Analysis of EU cohesion policy: the case of Spain

Authors

  • Aleksander Nikolayevich Zakharov Moscow State Institute of International Relations (University) MFA Russia
  • Kristina Semyonovna Seredinskaya Moscow State Institute of International Relations (University) MFA Russia

Keywords:

The European Union, cohesion policy, Cohesion Fund, structural funds, statistical effect, budgetary period

Abstract

When Spain and Portugal entered the EU, they fell behind old members and suffered from regional disparities, therefore cohesion policy has become the core policy for the EU since 1986. Structural Funds and Cohesion Fund are the main instruments of the EU regional policy. Spain was always the largest importer of EU aids. In 2007 EU expanded to the East and due to statistical effect, Spain was no longer the most problematic member of the EU. The authors note that analysis of the cohesion policy of the EU might be also helpful in the case of the Russian Federation, as the country also suffers from regional disparities like Spain and needs global and in-depth measures to eliminate them.

Author Biographies

Aleksander Nikolayevich Zakharov, Moscow State Institute of International Relations (University) MFA Russia

Doctor of Economic Sciences, Professor
Place of work, post: Moscow State Institute of International Relations (University) MFA Russia, Department of World Economy, Professor

Kristina Semyonovna Seredinskaya, Moscow State Institute of International Relations (University) MFA Russia

Place of work, post: Moscow State Institute of International Relations (University) MFA Russia, Department of World Economy, Competitor

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Published

2024-02-08

How to Cite

Zakharov, A. N., & Seredinskaya, K. S. (2024). Analysis of EU cohesion policy: the case of Spain. Russian Foreign Economic Journal, (8), 60–71. Retrieved from https://journal.vavt.ru/rfej/article/view/1458

Issue

No. 8 (2015)

Section

World economy

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