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REGIONAL POLICY OF THE EUROPEAN UNION

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Abstract (2. Language): 
The member states have carried out active interventionist regional policies since the 1920‟s.1 When the EC was established, its founders did not need to develop regional policy. Because mostly it was believed that, all areas of the Community will benefit over time from the setting up of the common market. In the late 1950‟s, the main regions in decline were backward agricultural areas. The European Investment Bank and the European Social Fund provided a small amount of regional aid. But mostly, granting of aid was within the control of the member states.2 There are different reasons for the emergence of regional policy. The economic reason is that intervention is necessary to overcome the negative effects of market integration on disadvantaged regions. Especially since the mid-1980‟s, the internal market has tended to extend the differences between the rich and poor regions. 3 So economically, the aim of the regional policy is to permit all regions to compete in the internal market, by providing them the requisite infrastructure and skills. 4 From a political aspect, for successful integration all states and regions have to be benefited from the EU.
99-115

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References: 

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Internet:
Europa: Regional Policy- Inforegio, “How Does it Work?” http://europa.eu.int/comm/regional_policy/intro/regions4_en.htm
Europa: Regional Policy- Inforegio, “What are we talking about?” http://europa.eu.int/comm/regional_policy/intro/regions2_en.htm
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Europa: Regional Policy- Inforegio, “What does it do?” http://europa.eu.int/comm/regional_policy/intro/regions9_en.htm
Europa: Regional Policy- Inforegio, “Your Right to Know”, http://europa.eu.int/comm/regional_policy/intro/regions11_en.htm
Europa: Regional Policy- Inforegio, “What is Being Achieved?”, http://europa.eu.int/comm/regional_policy/intro/regions10_en .htm
Europa: Regional Policy- Inforegio,, “The Other Community Policies at The Service of The Regions”, http://europa.eu.int/comm/regional_policy/intro/regions9_en.htm
Website of the EU, “What is the ERDF for?”, http://europa.eu.int/comm/regional policy/activity/erdf/erdf1en.htm
Website of the EU, “What is the Cohesion Fund for?”, http://europa.eu.int/comm/regional_policy/activity/funds/fund1_en.htm

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