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What is Structural Funds

Handbook of Research on Public Information Technology
They are the main financial instruments by which the European Community strengthens economic and social cohesion, thus reducing the gap between the levels of development in the various Regions.
Published in Chapter:
E-Government's Barriers and Opportunities in Greece
Giorgos Laskaridis (University of Athens, Greece), Konstantinos Markellos (University of Patras, Greece), Penelope Markellou (University of Patras, Greece), and Angeliki Panayiotaki (University of Patras, Greece)
Copyright: © 2008 |Pages: 17
DOI: 10.4018/978-1-59904-857-4.ch017
Abstract
In recent years, we have witnessed the rapid evolution of the World Wide Web. This development allows millions of people all over the world to access, share, interchange and publish information. In this context, many governments have realized that their information resources are not only valuable to themselves, but valuable economic assets, that fuel of the knowledge economy. By making sure the information they hold can be readily located and passed between the public and private sectors, taking account of privacy and security obligations, it will help to make the most of this asset, thereby driving and stimulating national and international economy. Governments take advantage of information and communication technologies (ICT) and the continuing expansion of the Web and started e-government strategies to renew the public administration and eliminate existing bureaucracy, therefore reducing costs (Riedl, 2003; Tambouris et al., 2001).
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Energy Investment in Smart Cities Unlocking Financial Instruments in Europe
“The Structural Funds and the Cohesion Fund are the financial instruments of European Union (EU) regional policy, which is intended to narrow the development disparities among regions and Member States. The Funds participate fully, therefore, in pursuing the goal of economic, social and territorial cohesion. There are two Structural Funds: the European Regional Development Fund (ERDF) and the European Social Fund (ESF).” http://europa.eu/legislation_summaries/glossary/structural_cohesion_fund_en.htm AU57: The URL http://europa.eu/legislation_summaries/glossary/structural_cohesion_fund_en.htm has been redirected to http://eur-lex.europa.eu/legislation_summaries/glossary/structural_cohesion_fund_en.htm. Please verify the URL.
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