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31 January 2012

Extended Cohesion System of HERMIN models for all EU-27 member states

On behalf of the European Commission, DG Regional Policy the macroeconomic Cohesion System of HERMIN models (CSHM) will be extended to cover all 27 EU member states.  The general aim of the present project is to extend the coverage of the current 16-country CSHM (and 2 macro-regional models) to cover all 27 EU Member States.  Essentially, this requires the additional modelling of the eleven more advanced states in the manner of, and consistent with the aims and objectives of the original CSHM, namely Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxemburg, the Netherlands, Sweden and the United Kingdom. Although these eleven additional states are – to a large extent – “net” contributors to the EU budget, they all receive non-zero amounts of assistance in the context of EU-wide cohesion policy.  Of course, these funds are directed mainly at some of their internal, lagging regions, and the amounts of assistance are far smaller than the finance made available to the less developed states. Nevertheless, the Structural Fund investment mechanisms have to be inserted into the eleven new models in order to be in a position to evaluate the impacts on these economies.

The extended version of the CSHM to all EU Member States is designed to be able to:

The extended version of the CSHM will be used to:

The project  ends in December 2012.