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Does cohesion policy work? Some general considerations and evidence from Spain Angel de la Fuente *

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Abstract

Over the last two decades, the EU has adopted an active cohesion policy aimed at reducing income disparities by subsidizing various types of investment programmes in the Union's poorest regions through the so-called Structural Funds. This policy has often been questioned on at least two different grounds. Perhaps the most common argument is that it ha

Year: 2002
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