European Cohesion Policy

Chapter
Part of the Contributions to Management Science book series (MANAGEMENT SC.)

Abstract

The European Cohesion Policy is the largest and most complex policy of the European Union. As it is a policy focused on reducing the intra-EU gaps in development, the Cohesion Policy is particularly relevant for less developed economies and regions, where it has a key contribution to stimulating economic competitiveness and accelerating growth, boosting and spreading the positive effects of the internal market. In this chapter we aim to introduce a theoretical foundation for public interventions on cohesion in the process of European integration, as well as to explain the system of Cohesion Policy coordination, regulation and implementation, to present critically its impact on the European economy and explain the way in which Structural and Investments Funds contribute to and may be used for business sector development in the European Union.

Keywords

Cohesion policy Regional development European structural and investment funds (ESIF) Small and medium enterprises (SMEs) 

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Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  • Gabriela Carmen Pascariu
    • 1
  • Cristian Incaltarau
    • 2
  1. 1.Faculty of Economics and Business AdministrationAlexandru Ioan Cuza University of IașiIașiRomania
  2. 2.Centre for European Studies Research Department, Faculty of LawAlexandru Ioan Cuza University of IașiIașiRomania

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