Why can a relative modest spending on EU cohesion policy generate such a high impact?

It is concentrated in less developed countries and regions where the return on investment is higher.
100% (2 votes)
It is concentrated in countries and regions whose leaders are better able to accept conditions imposed by foreign leaders.
0% (0 votes)
it is concentraded on poor countries and regions where the statistical effect is more noticeable.
0% (0 votes)
Total votes: 2
Learning objectives: 
Understanding the relative size of the EU budget.
Understanding the principles of concentration, programming, partnership and additionality.
Understanding the neoclassical growth model.
Understanding selectorate theory.
Understanding the strategic approach to international relations.
Presentation videos: