The Importance of Cohesion

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Espen Moe
Norwegian University of Science and Technology, Trondheim, Norway

Series: Economic Issues, Problems and Perspectives
BISAC: BUS069000

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This book focuses on the relationship between cohesion and economic growth and development. Structural economic change is what makes a state grow in the long term. However, policies of structural change are politically risky as they create redistributive effects and are fought by vested interests. This book suggests that cohesion stimulates growth by making it politically safer for decision-makers to pursue policies of structural change. (Imprint: Nova)

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