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Regional Policy of the European Union Versus Sustainable Development
Kazimierz Górka
Paulina Szyja
Abstract
The authors begin with the statement that Western Europe, as in the USA, commenced activities aimed at overcoming financial and economic crisis with the bailing out of financial and banking institutions while neglecting stimulation of real economic policy. Nonetheless, the strategic plan of the European Union called ‘Europe 2020’ points out that ensuring lasting economic growth and social development are prerequisite. In the subsequent parts of the article the authors present an evaluation of the importance of regional policy for economic stimulation of the EU. To this end the authors analyze the EU budgetary expenditures on cohesion policy and the impact those expenditures make on sustainable development; they also present some methods of transforming the European economy into a low emission (green) model.
Keywords:
regional policy, sustainable development, low emission model, EU budgetary expendituresMost read articles by the same author(s)
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