“…The ESIFs significantly contribute to mitigating regional disparities, as indicated by studies like Mussida et al (2023) and Otoiu and Titan (2015), who highlight the funds' roles in reducing deprivation risks through social inclusion initiatives. However, they also note a significant misalignment in fund allocation versus the areas of greatest need, suggesting the need for more targeted fund distribution to effectively address regional disparities.…”
Section: Resultsmentioning
confidence: 99%
“…The exploration of regional disparities and convergence reveals a nuanced efficacy of ESIF in addressing socio-economic imbalances, a finding that both complements and extends the existing scholarship (RodrÍguez-Pose and Fratesi 2004). While Mussida et al (2023) highlight the role of ESIFs in mitigating material deprivation, the observed misalignment in fund allocation underscores the necessity for a more granular, targeted approach. This calls for a strategic realignment of fund distribution criteria, echoing the sentiments of Barca (2009), who argues for place-based strategies to enhance the effectiveness of cohesion policy.…”
Section: Discussionmentioning
confidence: 99%
“…These studies collectively aim to dissect the extent to which ESIFs contribute to mitigating regional disparities, promoting economic growth, and fostering convergence between and within member states. Mussida et al (2023) delve into the intricacies of material deprivation across Spanish regions, highlighting the substantial role of ESIFs in addressing socio-economic disparities. Their analysis points to a nuanced efficacy of these funds in reducing deprivation risks through social inclusion initiatives, albeit with a marked misalignment in fund allocation vis-à-vis the areas of greatest need.…”
Section: B Regional Disparities and Convergencementioning
confidence: 99%
“…The synthesis of policy implications and recommendations derived from the reviewed literature underscores a collective call for enhancing the governance structures, tailoring policy interventions to specific regional needs, and preparing comprehensively for future funding cycles to optimize the utilization of structural funds in promoting regional development within the European Union (EU). Mussida et al (2023) highlight the importance of re-evaluating fund distribution criteria, to align them more closely with the relative risks of material deprivation. Their study advocates for a more nuanced, targeted strategy in policy formulation and fund allocation to mitigate material deprivation across Spain's regions.…”
Section: E Policy Implications and Recommendationsmentioning
confidence: 99%
“…Furthermore, the literature on regional disparities and convergence has illuminated the role of ESIFs in mitigating socio-economic imbalances within the EU. Studies by Mussida et al (2023) and Otoiu and Titan (2015) have contributed valuable insights into the nuanced efficacy of these funds in addressing material deprivation and fostering socio-economic convergence, albeit pointing to a need for more targeted fund allocation strategies (Mussida et al 2023;Otoiu and Titan 2015;North 1990).…”
This scoping review synthesizes the evidence from eleven key studies to assess the impact of European Structural and Investment Funds (ESIFs) on regional development across the European Union (EU), focusing on fund efficiency, regional disparities and convergence, governance quality, economic freedom, and fund management. A systematic search was conducted across multiple databases to identify the relevant literature published up to 2023. Eleven studies were selected based on the date published and their focus on ESIFs’ role in regional development, employing a range of methodological approaches including Data Envelopment Analysis (DEA), spatial econometrics, and multivariate analyses. The thematic analysis identified four main categories: Methodological Approaches in Evaluating Fund Efficiency, Regional Disparities and Convergence, The Interconnection between Governance Quality, Economic Freedom, and the Efficiency of Structural Fund Management, and The Absorption Capacity and Fund Management. The review highlights the importance of sophisticated analytical tools in evaluating fund efficiency, with DEA and spatial econometrics providing critical insights into fund management efficiency. Studies underscored the nuanced efficacy of ESIFs in reducing regional disparities, albeit pointing to the need for more targeted fund allocation. Governance quality and economic freedom emerged as pivotal factors enhancing fund management efficiency, suggesting the potential of governance reforms in optimizing ESIF allocation and utilization. Challenges related to fund absorption and management were illuminated, advocating for enhanced institutional management capabilities and the development of innovative performance indicators. The findings of this scoping review contribute to a deeper understanding of the complexities surrounding ESIFs’ impact on regional development within the EU. They underscore the critical importance of governance quality, economic freedom, methodological rigor, and strategic fund allocation in enhancing the effectiveness of ESIFs. The review calls for tailored policy interventions and the integration of national and European funding strategies to maximize the impact of these programs on regional development and SME support. Future research should continue to refine these methodological approaches and explore the causal effects of funding, to enhance our understanding of ESIFs’ efficiency in promoting regional development and convergence within the European Union.
“…The ESIFs significantly contribute to mitigating regional disparities, as indicated by studies like Mussida et al (2023) and Otoiu and Titan (2015), who highlight the funds' roles in reducing deprivation risks through social inclusion initiatives. However, they also note a significant misalignment in fund allocation versus the areas of greatest need, suggesting the need for more targeted fund distribution to effectively address regional disparities.…”
Section: Resultsmentioning
confidence: 99%
“…The exploration of regional disparities and convergence reveals a nuanced efficacy of ESIF in addressing socio-economic imbalances, a finding that both complements and extends the existing scholarship (RodrÍguez-Pose and Fratesi 2004). While Mussida et al (2023) highlight the role of ESIFs in mitigating material deprivation, the observed misalignment in fund allocation underscores the necessity for a more granular, targeted approach. This calls for a strategic realignment of fund distribution criteria, echoing the sentiments of Barca (2009), who argues for place-based strategies to enhance the effectiveness of cohesion policy.…”
Section: Discussionmentioning
confidence: 99%
“…These studies collectively aim to dissect the extent to which ESIFs contribute to mitigating regional disparities, promoting economic growth, and fostering convergence between and within member states. Mussida et al (2023) delve into the intricacies of material deprivation across Spanish regions, highlighting the substantial role of ESIFs in addressing socio-economic disparities. Their analysis points to a nuanced efficacy of these funds in reducing deprivation risks through social inclusion initiatives, albeit with a marked misalignment in fund allocation vis-à-vis the areas of greatest need.…”
Section: B Regional Disparities and Convergencementioning
confidence: 99%
“…The synthesis of policy implications and recommendations derived from the reviewed literature underscores a collective call for enhancing the governance structures, tailoring policy interventions to specific regional needs, and preparing comprehensively for future funding cycles to optimize the utilization of structural funds in promoting regional development within the European Union (EU). Mussida et al (2023) highlight the importance of re-evaluating fund distribution criteria, to align them more closely with the relative risks of material deprivation. Their study advocates for a more nuanced, targeted strategy in policy formulation and fund allocation to mitigate material deprivation across Spain's regions.…”
Section: E Policy Implications and Recommendationsmentioning
confidence: 99%
“…Furthermore, the literature on regional disparities and convergence has illuminated the role of ESIFs in mitigating socio-economic imbalances within the EU. Studies by Mussida et al (2023) and Otoiu and Titan (2015) have contributed valuable insights into the nuanced efficacy of these funds in addressing material deprivation and fostering socio-economic convergence, albeit pointing to a need for more targeted fund allocation strategies (Mussida et al 2023;Otoiu and Titan 2015;North 1990).…”
This scoping review synthesizes the evidence from eleven key studies to assess the impact of European Structural and Investment Funds (ESIFs) on regional development across the European Union (EU), focusing on fund efficiency, regional disparities and convergence, governance quality, economic freedom, and fund management. A systematic search was conducted across multiple databases to identify the relevant literature published up to 2023. Eleven studies were selected based on the date published and their focus on ESIFs’ role in regional development, employing a range of methodological approaches including Data Envelopment Analysis (DEA), spatial econometrics, and multivariate analyses. The thematic analysis identified four main categories: Methodological Approaches in Evaluating Fund Efficiency, Regional Disparities and Convergence, The Interconnection between Governance Quality, Economic Freedom, and the Efficiency of Structural Fund Management, and The Absorption Capacity and Fund Management. The review highlights the importance of sophisticated analytical tools in evaluating fund efficiency, with DEA and spatial econometrics providing critical insights into fund management efficiency. Studies underscored the nuanced efficacy of ESIFs in reducing regional disparities, albeit pointing to the need for more targeted fund allocation. Governance quality and economic freedom emerged as pivotal factors enhancing fund management efficiency, suggesting the potential of governance reforms in optimizing ESIF allocation and utilization. Challenges related to fund absorption and management were illuminated, advocating for enhanced institutional management capabilities and the development of innovative performance indicators. The findings of this scoping review contribute to a deeper understanding of the complexities surrounding ESIFs’ impact on regional development within the EU. They underscore the critical importance of governance quality, economic freedom, methodological rigor, and strategic fund allocation in enhancing the effectiveness of ESIFs. The review calls for tailored policy interventions and the integration of national and European funding strategies to maximize the impact of these programs on regional development and SME support. Future research should continue to refine these methodological approaches and explore the causal effects of funding, to enhance our understanding of ESIFs’ efficiency in promoting regional development and convergence within the European Union.
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