Professional paper
REGIONAL DISPARITIES IN THE EUROPEAN UNION
Ivica Borić
orcid.org/0000-0001-9883-3294
; Srednja strukovna škola bana Josipa Jelačića u Sinju, Sinj, Hrvatska
Abstract
The problem of regional disparities in the European Union is a matter of prime economic, political and social importance. All member states are faced with differences in level of development. The diversity of regions from the natural and social aspect can be advantage for a country if these differences are successfully used. These differences, from an economic point of view, could limit the future growth, and in the political dimension could increase instability. The promotion of a balanced regional development can be identifi ed with the promotion of general economic development. By investing signifi cant resources, the European Union seeks to reduce economic diff erences in its area.
Convergence of member states has important political and economic implications for European Union. The aim of this paper is to point out the issue of economic diff erences between European regions for the purpose of strengthening their economic potential. By comparing the relevant economic indicators and calculating the disparities, the convergence between the NUTS 2 European regions has been proven.
Keywords
regional disparities; European Union; economic growth; coefficient of variation; GDP; NUTS 2 regions
Hrčak ID:
198545
URI
Publication date:
13.4.2018.
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