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:
“There is absolutely no evidence—developmental or otherwise—to support separating twins in school as a general policy. . . . The best policy seems to be no policy at all, which means that each year, you and your children need to decide what will work best for you.”
—Pamela Patrick Novotny (20th century)