One of the priorities of the European Union is ! to bring latest section states close to the EU average as soon as possibleIn to reduce the regional disparities , the EU has established four structural funds which are the European Regional Development computer memory , the European Social Fund , the section of the EU s super C agricultural fund devoted to coarse breakment and the financial support for fishing communities as part of the common fisheries policy (CFPRole played by globalisation in regional policy making In closely elementary terms , the globalization of the world economy is the integration of economies by dint ofout the world with distribute , financial flows , the exchange of engineering science and information , and the work of people ( The Challenges of Globalization for Africa-1997It is apparent that the joust toward more interconnected world market places has opened a general potential for greater growth , and has allowed an unparalleled opportunity for develop countries to lift up their li ving standards . At the same cartridge clip , however , the down the stairs developed countries carry concentrate attention on the downside risks of this trend and alarm have arisen active the risks of marginalization of nations . All of this has wedded rise to a finger of doubt , mainly among developing countriesIt is up to the countries to take advantage of this trend and countries will have to position themselves properly through the right policies in to bring out a market . Clearly , those economies that open themselves to capital and trade flows on a free basis and are able-bodied to magnetize transnational capital will profit the most from globalizationAs globalization lifts the rewards of in effect(p) policy , it also accentuates the expenses of poor policy . Reliability of economic policy , once lost has endure more rugged to recover . What is now important is the detection of markets...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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