© 2002

Regional Convergence in the European Union

Facts, Prospects and Policies

  • Juan R. Cuadrado-Roura
  • Martí Parellada


  • Original and special focus on the effects of the EMU on disparities and convergence in the EU

  • Theoretical and empirical approach

  • Innovative contribution to one of the most and most controversially discussed field in Europe

  • Up-to-date figures and tables according to the European data bases on regional economies


Part of the Advances in Spatial Science book series (ADVSPATIAL)

Table of contents

  1. Front Matter
    Pages i-viii
  2. Regional Disparities and Regional Convergence Problems in the EMU: Introduction

    1. Juan R. Cuadrado-Roura, Marti Parellada
      Pages 1-20
  3. Regional Convergence, the EMU and Enlargement Effects

  4. Regional Disparities: Trends, Prospects and the Role of Regional Policy

  5. Back Matter
    Pages 353-368

About this book


The introduction of the single currency in the European economic space constitutes without doubt the most visible step towards monetary and economic integration in the EU. Those who boosted the birth of the Common Market in 1957 dreamt that this would one day come about as a logical consequence of the integration process. However, things have gone much more slowly than possibly imagined, although if taken in an adequate historic perspective, it is undeniable that the agreements that have led to European Monetary Union signify a really formidable jump in the process of political and economic integration in Europe. This is something many doubted would ever happen, but which is already a reality, although still in need of a period of consolidation. The most general economic consequences of the EMU have already been analysed in considerable depth. Proof of this is the literature already available. In general, there is coincidence in affirming that the balance of the results expected is clearly positive. Firstly, as a result of the anticipated gains in efficiency, a consequence of reduction of transaction costs associated to the previous existence of different currencies and of the elimination of exchange rate uncertainties.


EMU EU EU budget Economic Convergence European Economy European Monetary Union European Regional Policy European Union European Union (EU) Import Regional Disparities Sectorial Developments economic integration monetary union regional policy

Editors and affiliations

  • Juan R. Cuadrado-Roura
    • 1
    • 2
  • Martí Parellada
    • 3
  1. 1.Department of Applied EconomyUniversity of Alcalá — MadridAlcalá de Henares — MadridSpain
  2. 2.University of AlcaláSpain
  3. 3.Department of Econometrics, Statistics and Spanish EconomyUniversity of BarcelonaBarcelonaSpain

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