Patterns and trends of public investment in the new Member States of the European Union

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Series Details Number 03/2010
Publication Date October 2010
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Summary:

Public expenditure is lower in new Member States (NMS) than in the EU-15 countries for a number of reasons. Lower expenditure in social protection in NMS is a key source of the difference. Nevertheless, despite restrictions on total expenditure, public investment is on average higher in NMS in terms of GDP. This higher investment can be linked to a significant extent to the support from European Cohesion Policy (ECP), which accounts in NMS for 55% of public expenditure in environmental protection and 10% in economic affairs and human capital. Following the economic crisis, public investment is under pressure and declining in some NMS, underlining the importance of continued efforts under EU Cohesion Policy.

Source Link https://ec.europa.eu/regional_policy/en/information/publications/working-papers/2010/patterns-and-trends-of-public-investment-in-the-new-member-states-of-the-european-union
Alternative sources
  • https://ec.europa.eu/regional_policy/sources/docgener/work/2010_03_patterns.pdf
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Record URL https://www.europeansources.info/record/?p=517636