Regional Policy
Although the European Union is one of the richest parts of the world, there are large internal disparities of income and opportunity between its regions. The May 2004 Enlargement, followed by accession of Bulgaria and Romania in January 2007 has widened these gaps. Regional policy transfers resources from richer to poorer regions.
The argument for regional policy is that it is both an instrument of financial solidarity and a powerful force for economic integration.
Read more about Regional Policy: Regional Policy in Italy, Regional Policy in The United Kingdom, Regional Policy in The United States
Famous quotes containing the word policy:
“Maybe it’s understandable what a history of failures America’s foreign policy has been. We are, after all, a country full of people who came to America to get away from foreigners. Any prolonged examination of the U.S. government reveals foreign policy to be America’s miniature schnauzer—a noisy but small and useless part of the national household.”
—P.J. (Patrick Jake)