The Proposed Post-Brexit Shared Prosperity Fund: Some Thoughts

de Ruyter, A. and Hearne, D. (2018) The Proposed Post-Brexit Shared Prosperity Fund: Some Thoughts. Birmingham City University, Birmingham.

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Abstract

The Shared Prosperity Fund is expected to replace EU Structural and Investment Funds (ESIF) in the UK. ESIF funds come in two parts: the European Regional Development Fund (ERDF) and the European Social Fund (ESF). A majority of funds are targeted at regions whose GDP per capita (calculated from GVA per capita) is below 75% of the European average, of which the UK has two – Cornwall & Scilly and West Wales & The Valleys[1]. Additionally, so-called “transition” regions with GDP per capita of under 90% of the EU average have greater flexibility in terms of how they can spend such monies and, in practice, applications under the schemes are often looked upon more favourably than many “more developed” regions.

Item Type: Other
Subjects: K400 Planning (Urban, Rural and Regional)
L100 Economics
L200 Politics
L900 Others in Social studies
Divisions: Research, Innovation, Enterprise and Institutes > Centre for Brexit Studies
Depositing User: Jessica Guy
Date Deposited: 28 Oct 2018 09:29
Last Modified: 28 Oct 2018 09:29
URI: http://www.open-access.bcu.ac.uk/id/eprint/6417

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