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> The EU regional development funds are notoriously wasteful Can you give references? Preferably not only one anecdotical example, and with comparisons with st
by programLyrique 10y ago
> The EU regional development funds are notoriously wasteful
Can you give references? Preferably not only one anecdotical example, and with comparisons with state development funds (especially from the UK).
- sievebrain 10y agohttp://www.bbc.com/news/uk-england-cornwall-33360841 http://www.bbc.com/news/uk-england-cornwall-33360841 http://www.politico.eu/article/eu-wasted-money-on-new-airports-say-auditors/ http://www.politico.eu/article/eu-wasted-money-on-new-airpor... http://www.telegraph.co.uk/news/worldnews/europe/eu/11985763/Fraud-allegations-and-waste-as-EU-hands-out-money-faster-than-states-can-spend-it.html http://www.telegraph.co.uk/news/worldnews/europe/eu/11985763... I don't know of any comparisons with state-run development funds in the UK, if you find one let me know, but post-Gordon Brown the UK tends to focus less on big spending projects to try and economically boost the regions, hence the grumbling about how London gets the lions share of investment funding. The EU likes to dole out a lot of money to businesses for investment purposes, which is suspiciously close to central planning. I doubt national-level central planners do a radically better job though.