Strengths And Weaknesses Of The Eu's Cohesion Policy

1111 Words5 Pages
Institutional Balance in the EU’s Cohesion Policy: Strengths and Weaknesses, Opportunities and Costs.

Diversity is one of the main features of European Union (EU). This realises in various national states, in different languages and cultures, in distinct democratic political systems and in contradicting development of EU’s numerous regions. While EU tries to preserve differences which make EU Member States special, disproportions in economic and social development have been seen as a major challenge for stability of the Union. The existence of Cohesion policy rreflects the political agreement on the part of all of the Member States of the European Union on the principle that the process of increasing economic integration in Europe must be
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In order to discover all of the important issues related to the topic of the essay, it seems meaningful to structure the paper as follows. First of all, to give brief history of the EU’s Cohesion Policy; secondly, to characterize current goals and resources of the EU’s Cohesion Policy. Thirdly, to give definition of the institutional balance in terms of EU structure; next, to analyse links and relations among EU institutions and agencies which contribute to implementation of EU’s Cohesion Policy. Finally, to build up strengths, weaknesses, opportunities and weaknesses matrix using SWOT-methodology which is commonly used in…show more content…
This was due to the fact that the founding Member States did not show any significant territorial differences; the only really important exception was Southern Italy, but, being alone at that time in the circle of the countries participating in the integration process, this problem was judged as a specific one to be handled on the national level. Territorial imbalances have become more important within the first three decades of the EC. The process became really visible at the end of the 1960s; several circumstances resulted in the increasing need for a proper community-level treatment of social and economic problems of underdeveloped territories and regions facing specific problems. Such factors as the first project of the Economic and Monetary Union, the end of the ‘golden era’ of post-war growth and the enlargements of the EC made necessary a proper treatment of development differences between regions and Member States.
All the above reasons led to the gradual development of cohesion policy. While in the early 1970s, the community financing of operations which nowadays can be characterized as ‘cohesion expenditures’ was negligible, by the mid-1980s it constituted one of the key issues of the EC budget. This was also reflected in the amount of resources spent from the EU budget: it significanly rose from 5.3% of the EC’s general budget in 1970 to 16.7% of the EC’s general budget
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