Policy Article

What Direction Should EU Cohesion Policy Take?

CESifo-Forum, 2018(1): 10-15

There is little the European Union today needs more urgently than cohesion, unity and solidarity. From this perspective, it seems almost like a miracle that cohesion (earlier known as regional) policy has existed for over 60 years, an exercise in solidarity, building on the financial resources of the EU Structural Funds. Now, going into a new programming period 2021-2027 and with Brexit, revived nationalism and general unrest among some member states shaking the very foundations of the European Union, it is time to think about how to further adjust and thereby sustain this element of European unity.

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JEL Classification
R58

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