One of the pr iorities of the European Union is to bring l! atest 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 figurer memory , the European Social Fund , the section of the EU s super C agricultural fund devoted to agrarian winment and the financial support for fishing communities as part of the common fisheries policy (CFPRole played by globalisation in regional policy making In closely basic terms , the globalization of the world economy is the integration of economies by dint ofout the world by dint of distribute , financial flows , the exchange of engine room and information , and the work of people ( The Challenges of Globalization for Africa-1997It is apparent that the drop toward more interconnected world commercialises has opened a far-flung potential for greater growth , and has allowed an unparalleled opportunity for develop countries to lift up their living standards . A t the same time , however , the down the stairs developed countries carry rivet attention on the downside risks of this trend and alarm have arisen rough the risks of marginalization of nations . All of this has wedded rise to a smell out 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 worldwide capital will profit the most from globalizationAs globalization lifts the rewards of nice policy , it also accentuates the expenses of poor policy . Reliability of economic policy , once lost has endure more elusive 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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