“…Bradley et al (1995aBradley et al ( , 1995b, Christodoulakis and Kalyvitis (1998a, 1998b, De La Fuente (2003a), Herce (1994), Herce and Sosvilla Rivero (1995a, Modesto and Neves (1995), Murillo García and SosvillaRivero (2003), Roeger andin't Veld (1997), Sosvilla Rivero (2003) or Sosvilla Rivero et al (2006) 1 . Recent research casts some doubt about the capacity of the Structural Funds to deliver their objective of reducing regional inequalities across Europe (Boldrin & Canova, 2001;Hurst et al, 2000;Martin, 1999;Midelfart-Knarvik & Overman, 2002;Puga, 2002;Rodríguez-Pose, 2000;Rodríguez-Pose & Fratesi, 2004).…”