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The impact of the European Social Fund: The RHOMOLO assessment

Detaljer

Identifikation
JRC nr: JRC113328
Publikationsdato
17 Oktober 2018

Beskrivelse

  • The ESF is Europe's main instrument for supporting jobs, helping people get better jobs and ensuring fairer job opportunities for all EU citizens.
  • The ESF includes 4 different thematic objectives aimed at promoting sustainable employment, social inclusion, education and the efficiency of the public administration.
  • Policy simulations using the RHOMOLO dynamic CGE model show positive aggregate macro-economic effects of the ESF policy intervention.
  • The ESF stimulates GDP and employment via increases in labour productivity, education and training, and additional demand-side effects.
  • RHOMOLO is able to quantify the impact of the ESF in the EU as a whole as well as in each one of the 267 NUTS 2 EU regions. Less developed regions reap most of the benefits of ESF policy intervention.
  • By 2030, the cumulative GDP impact of the ESF is larger than its cost, that is the ESF generates more than one euro for each euro spent in it.

Authors:

SAKKAS Stylianos, CONTE Andrea, SALOTTI Simone

Filer

jrc113328.pdf
English
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