Structural Funds and the 1992 Program in the European Community:
Equity and efficiency justifications are found for the Community's Structural Funds which are discovered to be carefully targeted at depressed regions, albeit with some horizontal inequities. If Fund transfers displace national assistance, then they may be misallocated by being tied to regional...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1991
|
Schriftenreihe: | IMF Working Papers
Working Paper No. 91/65 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | Equity and efficiency justifications are found for the Community's Structural Funds which are discovered to be carefully targeted at depressed regions, albeit with some horizontal inequities. If Fund transfers displace national assistance, then they may be misallocated by being tied to regional indicators. The recent doubling in size enhances the Funds' ability to assist losers from the creation of a single European market in 1992. However, they fall short of constituting a safety net since they provide little automatic assistance to regions suffering negative shocks. Compensation of losers from the 1992 program would require an overhaul of the present allocation system, if not a further increase in scale |
Beschreibung: | 1 Online-Ressource (34 p) |
ISBN: | 1451848609 9781451848601 |
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spelling | Gordon, James P. F. Verfasser aut Structural Funds and the 1992 Program in the European Community Gordon, James P. F Washington, D.C International Monetary Fund 1991 1 Online-Ressource (34 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 91/65 Equity and efficiency justifications are found for the Community's Structural Funds which are discovered to be carefully targeted at depressed regions, albeit with some horizontal inequities. If Fund transfers displace national assistance, then they may be misallocated by being tied to regional indicators. The recent doubling in size enhances the Funds' ability to assist losers from the creation of a single European market in 1992. However, they fall short of constituting a safety net since they provide little automatic assistance to regions suffering negative shocks. Compensation of losers from the 1992 program would require an overhaul of the present allocation system, if not a further increase in scale Online-Ausg http://elibrary.imf.org/view/IMF001/06537-9781451848601/06537-9781451848601/06537-9781451848601.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Gordon, James P. F. Structural Funds and the 1992 Program in the European Community |
title | Structural Funds and the 1992 Program in the European Community |
title_auth | Structural Funds and the 1992 Program in the European Community |
title_exact_search | Structural Funds and the 1992 Program in the European Community |
title_exact_search_txtP | Structural Funds and the 1992 Program in the European Community |
title_full | Structural Funds and the 1992 Program in the European Community Gordon, James P. F |
title_fullStr | Structural Funds and the 1992 Program in the European Community Gordon, James P. F |
title_full_unstemmed | Structural Funds and the 1992 Program in the European Community Gordon, James P. F |
title_short | Structural Funds and the 1992 Program in the European Community |
title_sort | structural funds and the 1992 program in the european community |
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