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International Journal of Economics, Finance and Management >> Volume 5, Issue 2, June 2016

International Journal of Economics, Finance and Management


Regional Policy and Decentralisation: Experience in the EU

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Author Petr Blizkovsky
ISSN 2225-7217
On Pages 280-285
Volume No. 2
Issue No. 4
Issue Date July 01, 2020
Publishing Date July 01, 2020
Keywords Regional policy, European Union (EU), subsidiary, decentralisation, disparities



Abstract

The European Union is tackling its regional economic disparities. This task is being undertaken through a multi-level approach, where the regions, countries and supra-national level of the European Union are all involved. The article evaluates the impact of regional policy on the process of decentralisation. The concept of regional policy is based on multi-level cooperation and the interaction of players in regions and at national level. It introduces an effective subsidiary of decision-making related to development and could thus contribute to decentralising the decision-making process. The paper comes to the conclusion that the implementation of regional policy at the EU level is contribute to the decentralisation of decision making in the Member States of the EU.


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