RT info:eu-repo/semantics/article T1 New directions in European Regional Policy and their Implications for Spain T2 Nuevas orientaciones en la Política Regional Europea y sus implicaciones para España A1 Salmon, Keith K1 Cohesion policy K1 Convergence K1 European financial framework K1 Regions K1 Spain K1 Política de cohesión K1 Convergencia K1 Marco financiero europeo K1 Regiones K1 España K1 Economía K1 Economics K1 Geografía K1 Geography K1 Sociología K1 Sociology AB This paper focuses on the new architecture of Cohesion Policy andthe new European financial framework within which it is set. The discussion is divided into five sections. Section one examines the structure of the new European Financial Framework, highlighting its impact on financial transfers between Europe and Spain. In section two the new architecture of Cohesion Policy is explained, pointing out the relationships with related agriculture and fisheries policies and ending with an assessment of the principal features of the new Cohesion policy architecture. Section three examines the financial resources behind Cohesion Policy and their distribution in Spain. In section four the discussion shifts to a consideration of the concepts of convergence and the nature of regions. Finally the conclusion suggests that there are significant administrative, financial and strategic planning implications of the new financial framework and remodelled Cohesion policy: for economic development in general and for regional development in particular over the coming years. PB Asociación Española de Ciencia Regional (AECR) SN 2340-2717 YR 2008 FD 2008 LK http://hdl.handle.net/10017/30293 UL http://hdl.handle.net/10017/30293 LA eng DS MINDS@UW RD 28-ene-2023