| Author (Person) | Rubianes, Ángel |
|---|---|
| Author (Corporate) | European Commission: DG Regional Policy |
| Publisher | European Union |
| Series Title | Working Papers |
| Series Details | Number 03/2010 |
| Publication Date | October 2010 |
| Content Type | Research Paper |
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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. |
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| Source Link |
Link to Main Source
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
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| Subject Categories | Economic and Financial Affairs |
| International Organisations | European Union [EU] |
