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To What Effect? The Overhaul of the Regional Aid Guidelines – The Demise of Competition Effects and Rise of Incentive Effect?

Fiona Wishlade


I. Introduction The recent reform of the Regional Aid Guidelines has taken place against the backdrop of a complex mix of interrelated economic and policy change. The fallout from the crisis has affected national and regional economies differently, but almost everywhere the policy response is itself conditioned by the climate of austerity and public expenditure constraints. At EU level, the flagship Europe 2020 initiative,1 focussed on developing a ‘s


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