Assessing policy impacts on the economy of European insular rural regions: the case of the smaller Aegean islands programme

ABSTRACT

European Islands have specific characteristics in relation to the mainland that led the European Union to the establishment of the ‘Programme of Options Specifically Relating to Remoteness and Insularity-POSEI’ and a programme with specific measures for the smaller Aegean islands (SAI). The study stresses key aspects of the programme and to assesses its effectiveness through its contribution to the local rural economy. Employing a regional Input-Output model, it is indicated that the economic contribution of the programme to the islands, is marginal and the key benefits are related directly to the beneficiaries as supplementary income and indirectly to the local economies.

KEYWORDS:

• SAI
• POSEI
• impact analysis
• regional Input-Output
• rural-insular economies

Disclosure statement

No potential conflict of interest was reported by the authors.