Post 2020 Cohesion Policy
News of the EU’s upcoming Cohesion Policy recast are heartening on both political and economic terms. Whereas I find unpalatable to subject Cohesion funding to political considerations, my colleagues and Dani Rodrik rightfully insist institutions are tucked in Romer’s Cobb-Douglas with endogenous technology – so I have to hand it to them when current reports highlight institutional quality as a…
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