ABSTRACT
The EU has set its cohesion objectives and has now to put in place the systems and instruments to realize them. This is stage three of the policy cycle. In the previous chapter we have explained the first important part of this stage: the financial instruments designed to stimulate private and public actors to improve the conditions for growth and catch up. However, this is not enough to get the effect. The second important part consists of regulatory instruments that either forbid actions of private and public actors that may have a negative effect on cohesion or prescribe actions that may enhance cohesion. Lighter forms of such instruments are coordination and consultation. The present chapter will deal with these instruments.
