Abstract

In this paper, the economic development in the European Union is studied through the instruments that exist for its achievement, that is, the various community spending policies. These guarantee a harmonious and controlled evolution of the large categories of expenses, and therefore ensure the development of those policies linked to the Single European Act. Among these categories of expenses we can distinguish two related to economic development; these are structural actions and external actions, or in other words: expenditure policy whose purpose is the internal development of the community and expenditure policy whose main objective is that of contributing to the economic development of third countries or non-member countries. These two ways to achieve development correspond to two different conceptions of the objective of economic development: external and internal, whose institutional framework and channeling channels are different.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.