ABSTRACT

Cohesion is a multidimensional concept. One of these dimensions is economic in nature. The concept of economic cohesion is not well defined. In this chapter we therefore start by operationalizing the concept in the light of the policy demands. We will find that economic cohesion cannot be captured in one single indicator. For that reason we will have to work with a series of relevant indicators. The major ones are to be found in the factors that determine the GDP/P levels; in practice the factors that determine the adaptation of the structure of the economy.