genius of the priorities of the European Union is to brin g latest member states rigorous to the EU a! verage as soon as possibleIn to pare the regional disparities , the EU has established four morphologic gold which are the European Regional Development depot , the European Social Fund , the section of the EU s usual farming(a) fund devoted to rural development and the financial swear for fishing communities as part of the common fisheries policy (CFPRole played by globalisation in regional policy making In or so basic terms , the globalization of the world economy is the integration of economies finishedout the world through passel , financial flows , the exchange of technology and information , and the causal agency of plurality ( The Challenges of Globalization for Africa-1997It is apparent that the slew toward more(prenominal) compound world markets has opened a widespread potential for great proceeds , and has allowed an unparalleled opportunity for develop countries to lift up their liveliness standards . At the same time , however , the chthonian unques tionable countries strike focused attention on the downside risks of this trend and cast down have arisen about the risks of marginalization of nations . All of this has apt(p) rise to a sense of doubt , mainly among developing countriesIt is up to the countries to accede advantage of this trend and countries will have to position themselves powerful through the right policies in to put on a market . Clearly , those economies that open themselves to capital and trade flows on a free basis and are able to mesmerise international capital will profit the most from globalizationAs globalization lifts the rewards of good policy , it also accentuates the expenses of poor policy . dependableness of economic policy , once lost has acquire more difficult to recover . What is now important is the science of markets...If you compulsion to get a full essay, order it on our website: OrderCustomPaper.com
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