Have the European Funds been able to reduce the differences in the level of unemployment between the countries of the Euro area?

BLANCO, Miguel; MUÑOZ, Mar; RANCHAL, Julia

Have the European Funds been able to reduce the differences in the level of unemployment between the countries of the Euro area?

BLANCO, Miguel ²
MUÑOZ, Mar ²
RANCHAL, Julia ¹

1 Instituto De Estudios Sociales Avanzados (IESA/CSIC).
2 Departamento de Economía General. Universidad de Cádiz

Journal:

ESPACIOS

ISSN: 0798-1015

Year of publication: 2020

Volume: 41

Issue: 50

Pages: 270-286

Type: Article

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Abstract

One of the fundamental objectives of the Maastricht Treaty is the sustainable development of the European Union (EU) countries. Since its entry into force, large investments have been approved tofinance convergence programs.The aim of this article is to determine if the investments made to date have managed to reduce thedifferences in unemployment rates among the EU countries. The Theil index has been calculated on theunemployment figures of the countries of the Eurozone during the period 2008-2019.