Is “Harmonious Development” Valid for European Union Regions?

Volume: 5 Number: 4 December 1, 2015
  • Görkemli Kazar
  • Altug Kazar
EN

Is “Harmonious Development” Valid for European Union Regions?

Abstract

This paper analyzes the relationship between income inequality and economic development within 273 Nomenclature of Territorial Units for Statistics (NUTS2) European regions. In the study Human Development Index (HDI) values as well as weighted and unweighted gini levels are constructed for each of these regions for 2000-2010 period. Although there is evidence of narrowing income per capita and HDI differences within the regions, the regional disparities steady still in Europe. The results show that before the latest enlargement of European Union, the income inequality and economic development relation was in line with the 'harmonious development' goal of the treaties. However, the enlargement process spoils this relation as more resources are devoted to underdeveloped regions of the union.

Keywords

Details

Primary Language

English

Subjects

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Journal Section

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Authors

Görkemli Kazar This is me

Altug Kazar This is me

Publication Date

December 1, 2015

Submission Date

December 1, 2015

Acceptance Date

-

Published in Issue

Year 2015 Volume: 5 Number: 4

APA
Kazar, G., & Kazar, A. (2015). Is “Harmonious Development” Valid for European Union Regions? International Journal of Economics and Financial Issues, 5(4), 954-967. https://izlik.org/JA33WP32JD
AMA
1.Kazar G, Kazar A. Is “Harmonious Development” Valid for European Union Regions? IJEFI. 2015;5(4):954-967. https://izlik.org/JA33WP32JD
Chicago
Kazar, Görkemli, and Altug Kazar. 2015. “Is ‘Harmonious Development’ Valid for European Union Regions?”. International Journal of Economics and Financial Issues 5 (4): 954-67. https://izlik.org/JA33WP32JD.
EndNote
Kazar G, Kazar A (December 1, 2015) Is “Harmonious Development” Valid for European Union Regions? International Journal of Economics and Financial Issues 5 4 954–967.
IEEE
[1]G. Kazar and A. Kazar, “Is ‘Harmonious Development’ Valid for European Union Regions?”, IJEFI, vol. 5, no. 4, pp. 954–967, Dec. 2015, [Online]. Available: https://izlik.org/JA33WP32JD
ISNAD
Kazar, Görkemli - Kazar, Altug. “Is ‘Harmonious Development’ Valid for European Union Regions?”. International Journal of Economics and Financial Issues 5/4 (December 1, 2015): 954-967. https://izlik.org/JA33WP32JD.
JAMA
1.Kazar G, Kazar A. Is “Harmonious Development” Valid for European Union Regions? IJEFI. 2015;5:954–967.
MLA
Kazar, Görkemli, and Altug Kazar. “Is ‘Harmonious Development’ Valid for European Union Regions?”. International Journal of Economics and Financial Issues, vol. 5, no. 4, Dec. 2015, pp. 954-67, https://izlik.org/JA33WP32JD.
Vancouver
1.Görkemli Kazar, Altug Kazar. Is “Harmonious Development” Valid for European Union Regions? IJEFI [Internet]. 2015 Dec. 1;5(4):954-67. Available from: https://izlik.org/JA33WP32JD