EU Regional Policy and Canary Islands Integration
Classified in Social sciences
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EU Regional Policy and Its Objectives
The European Regional Policy has two main objectives: addressing regional imbalances and promoting development. A previous regional policy implemented in 1986 was deemed ineffective. Its purpose is to increase territorial cohesion (solidarity). This is based on three principles:
- Solidarity among regions.
- Development of autonomy status.
- Further integration into the European Community.
The consequences of integration include the receipt of funds, which are integrated into the EU's regional policy. A new EU regional and cohesion policy was introduced for 2007-2013 (focused on competitiveness) with three objectives for sustainable development:
- Strengthening competitiveness.
- Boosting the economy (R&D).
- Improving