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        Adapting to european enlargement: Spain and cohesion policy

        Author
        Salmon, K.
        Attention
        2299/5283
        Abstract
        Spain has enjoyed large net inflows of public funds from the European Union (EU) since accession in 1986. These funds have contributed to a strong growth performance, a largely successful economic transition, and economic convergence. Enlargement of the EU has transformed Spain's relative position from that of a poor country to that of a middle-income one, thus reducing its claim on EU funding. Lower levels of funding under the next EU financial perspective (2007–13) and a reformed cohesion policy will affect the model of economic development and will have domestic and external political consequences. Adapting to European enlargement, a new funding relationship with Europe and a reformed cohesion policy will require a rethinking of economic policy if the momentum of convergence is to be maintained.
        Publication date
        2005
        Published in
        International Journal of Iberian Studies
        Published version
        https://doi.org/10.1386/ijis.18.2.101/1
        Other links
        http://hdl.handle.net/2299/5283
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