The Characteristics, Superiority, Limitations and Inspirations of the EU’s Regional Policy

Abstract

The EU is the regional institution with the highest integration level of the world. The EU’s regional policy is playing very important role in the field of solving regional problems between the developing and developed regions of the EU and realizing the general integration within the EU. The EU’s regional policy is one of the three common policies of the European Union, which based on the multi-level governance structure. After several decades’ development and evolvement, the EU’s regional policy has improved step by step and obtained good policy results despite of the limitations. This paper will analyze the characteristics and limitations of the EU’s regional policy and give some useful experience for the Chinese regional policy from the viewpoints of the political economics. The European Union is the regional organization with the highest integration level in the world. It has set up the currency union and the common internal market within the EU. Meanwhile, it has realized the regional political, diplomatic and security integration. Despite of the UK’s withdraw from the EU, this union has not been undermined. The EU’s regional policy is still playing very important role in solving the regional problem within the European Union, which is very helpful for the union’s solidarity and friendship. The EU is a kind of the super-national organization, its regional policy based on the multi-level governance of the European Union. This paper will analyze some characteristics and limitations of the EU’s regional policy and conclude some useful experiences for China. The Characteristics of the EU’s Regional Policy