DG - How do levels of development vary within the EU Flashcards
Define economic periphery
The edge of a country/region in terms of economics (not physically on the edge but in remote, poor difficult areas
Define economic core
The centre of a country/region economically (where business thrive, the area is rich and their are plenty of opportunities)
What is sustainable development?
This allows economic growth to continue over a long period which wont effect the environment. It benefits people alive today but does not compromise the future generations
What are structural funds?
They help poorer regions of Europe to accelerate economic development and help improve infrastructure by giving extra money from funds
What does CAP stand for?
Common Agricultural Policy
Why did CAP come about?
- Not enough food after the war (rations) so needed to maximise production
- Started turning to looking after the rural environment to produce goods
What were the first and second versions of CAP?
First - Drive to produce more food. Farmers paid a set price for producing food. This led to too much food (wine lakes/butter mountains) being produced
Second - Overall focus of the policy was changed to the environment and conservation - paying farmers to far from the land (set-aside) - some fields. They also got paid for encouraging/enlarging hedgerows which increases biodiversity and reduced intense farming
What were the aims of CAP?
- To ensure a fair standard of living for farmers
- Guarantee regular food supplies at affordable prices
How does CAP work?
Each country in the EU pays in money to fund the policy (about 65% of the total money paid in). The money is then paid back to farmers through loans, grants, training an d subsidies.
What are the advantages and disadvantages of CAP?
Advantages:
- Subsides were out - makes a freer and fairer trade in food
- Sets aside brought in
- Farmers kept in business
- Environment looked after more
Disadvantages:
- Lots of food was wasted
What are subsidy?
A payment made in return for a certain good/service
Why were Urban ll funds put in place?
- High levels of long term unemployment
- Low levels of economic activity
- High levels of poverty
- High level of immigrants
- Poor environment conditions
What are the Urban 2 fund aims?
New strategies for economic and social regeneration in troubled areas such as:
- Improved living conditions
- Creating jobs
- Developing the environment
How does the urban 2 fund work? What are the advantages?
- 70 different programs affecting 2.2 million people
- Money from the funds are divided according to need
What are the disadvantages of the urban 2 fund?
- Not enough money to help every city in Europe (2.2/551 million)
- Not everyone will benefit from it
