—Structural Funds are the European Union's (EU) main instruments for supporting social and economic restructuring across the Union and sustainable development, ensuring convergence processes for the regions with different potential. Structural Funds account for over a third of the European Union budget. The aim of the presentation and paper is to review the use of EU structural funds for different programming periods and to identify the main achievements and challenges in ensuring sustainable economy growth and cohesion in EU. The main tasks to achieve this aim are: to analyze aims and financing priorities from EU structural funds and to compare the results of use of EU Structural funds in different EU member states.
—Cohesion, EU structural funds, regional development, sustainable economy growth.
R. Dapkus is with the Institute of Public Policy and Administration at Kaunas University of Technology, K. Donelaicio str. 20, Kaunas, LT- 44239, Lithuania (e-mail: Rimantas.Dapkus@gmail.com).
D. Streimikiene is with the Vilnius University, Kaunas Faculty of Humanities, Socio-cultural Center, Muitines str. 8, Kaunas, LT-44280, Lithuania (e-mail: firstname.lastname@example.org).
Cite: Rimantas Dapkus and Dalia Streimikiene, "Impact of Use of European Union Structural Funds for Sustainable Development in Member States," International Journal of Trade, Economics and Finance vol.7, no.2, pp. 25-30, 2016.