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dc.contributor.authorKamps, Christopheen
dc.contributor.authorLeiner-Killinger, Nadineen
dc.contributor.authorMartin, Reineren
dc.date.accessioned2012-11-13T15:57:07Z-
dc.date.available2012-11-13T15:57:07Z-
dc.date.issued2009-
dc.identifier.citation|aIntereconomics|c1613-964X|v44|h1|nSpringer|lHeidelberg|y2009|p23-29en
dc.identifier.pidoi:10.1007/s10272-009-0274-2en
dc.identifier.urihttp://hdl.handle.net/10419/66182-
dc.description.abstractMost of the newly acceded central and east European EU countries are among the main beneficiaries of EU Cohesion Policy. The main objective of this policy is to improve the long-term growth and employment prospects of the supported regions, and thereby to support convergence towards higher levels of per capita income. In the short run, however, EU Cohesion Policy may at times amplify macroeconomic challenges for supported countries. In periods of a downturn of the economy it can have a stabilising impact. During periods of unsustainably fast economic growth, however, its short-term demand effects may contribute to internal and/or external macroeconomic imbalances. Economic policymakers should thus ensure that EU Cohesion Policy enhances long-term productivity, while avoiding, in times of overheating, an increased risk of unsustainable developments as a result of the additional demand stimulus from EU Cohesion Policy .en
dc.language.isoengen
dc.publisher|aSpringer |cHeidelbergen
dc.subject.ddc330en
dc.titleThe cyclical impact of EU cohesion policy in fast growing EU countries-
dc.typeArticleen
dc.identifier.ppn727018620en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
econstor.documentversionPublished Versionen
econstor.citation.journaltitleIntereconomicsen
econstor.citation.issn1613-964Xen
econstor.citation.volume44en
econstor.citation.issue1en
econstor.citation.publisherSpringeren
econstor.citation.publisherplaceHeidelbergen
econstor.citation.year2009en
econstor.citation.startpage23en
econstor.citation.endpage29en

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