Regional disparities in Europe: should we be concerned?

Download PDF: Discussion Paper 13

Authors: Gergely Hudecz, Edmund Moshammer, and Thomas Wieser

Abstract:
The economic impact of the coronavirus is likely to differ from region to region, depending on their sectoral specialisation, and may exacerbate regional disparities. This paper provides an overview of how regional disparities have evolved since the euro’s inception with an aim to help policymakers develop appropriate policy responses to support recovery following the economic shock caused by the coronavirus, and maintain the convergence process. Modes of regional support and policy intervention are crucial to helping adjustment and boosting productivity to ensure long-term sustainability and income convergence.

Disclaimer: The views expressed in this discussion paper are those of the authors and do not necessarily represent those of the ESM or ESM policy. No responsibility or liability is accepted by the ESM in relation to the accuracy or completeness of the information, including any data sets, presented in this paper.

Source: European Stability Mechanism | Discussion Paper Series | Volume 2020 no. 13 | July 2020 | 53 Pages

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