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Is “Harmonious Development” Valid for European Union Regions?

Year 2015, Volume: 5 Issue: 4, 954 - 967, 01.12.2015

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.

Year 2015, Volume: 5 Issue: 4, 954 - 967, 01.12.2015

Abstract

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Details

Other ID JA63YC93FF
Journal Section Research Article
Authors

Görkemli Kazar This is me

Altug Kazar This is me

Publication Date December 1, 2015
Published in Issue Year 2015 Volume: 5 Issue: 4

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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.
AMA Kazar G, Kazar A. Is “Harmonious Development” Valid for European Union Regions?. IJEFI. December 2015;5(4):954-967.
Chicago Kazar, Görkemli, and Altug Kazar. “Is ‘Harmonious Development’ Valid for European Union Regions?”. International Journal of Economics and Financial Issues 5, no. 4 (December 2015): 954-67.
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 G. Kazar and A. Kazar, “Is ‘Harmonious Development’ Valid for European Union Regions?”, IJEFI, vol. 5, no. 4, pp. 954–967, 2015.
ISNAD Kazar, Görkemli - Kazar, Altug. “Is ‘Harmonious Development’ Valid for European Union Regions?”. International Journal of Economics and Financial Issues 5/4 (December 2015), 954-967.
JAMA 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, 2015, pp. 954-67.
Vancouver Kazar G, Kazar A. Is “Harmonious Development” Valid for European Union Regions?. IJEFI. 2015;5(4):954-67.