Suchergebnisse

The European Union Cohesion Policy provides financial support through EU funds and gives a unique opportunity for member states and their regions to successfully combat the obstacles of a challenging environment as well as to promote its (smart, sustainable, inclusive) growth and development. In the last programming period of 2014-2020 the Policy has been aligned with the Europe's strategy for growth and employment, Europe 2020. The regional allocation of funding has changed, where a more focused thematic concentration of financial resources is needed. There are (constant) discussions about measuring the progress towards meeting the objectives of the Europe 2020 which is connected with the implementation of the Cohesion Policy. The aim of this paper is twofold: firstly, to give a brief overview of the connection between the reformed Cohesion Policy and strategy Europe 2020 in the last programming period of 2014-2020 and secondly, to empirically analyse whether the allocation of EU funds regarding different thematic fields of intervention can be connected with the success in the realisation of the strategy Europe 2020. The findings suggest that the heterogeneity in the realisation of Europe 2020 on a regional level is connected with the structure of EU funds allocation. The conclusions of this paper can be useful in monitoring the achievement of Europe 2020, in evaluating the results and possible recasting of the Cohesion Policy.

Emigration flows and their relations with economic development can be observed through different aspects, where one of the important questions is the role of the remittances, and transfer of foreign money to home countries. The objective of this study is to investigate the impact of remittances on economic development in Central and Eastern European countries. A review of previous research on the role of emigration and the impact of remittances on economic development is presented in the first part of the paper. This is followed by panel data analysis. The analysis covers the period after the enlargement of the European Union (EU) in 2004 till the nowadays. The results confirm the positive and statistically significant influence of personal remittances on the economic development of the new EU member states, as well as the positive and statistically significant influence of final consumption, gross fixed capital formation, external trade balance, and foreign direct investments. The positive influence of remittances on economic development should be observed with caution, regarding that remittances are the results of emigration and also are connected with the unfavourable effects of emigration. This study adds to previous research about the significance of remittances in the economies of the new EU member states.