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Cohesion policy belongs among the most important fields of EU interests. Its objectives are achieved by many ways with respect to diversity among the European regions at the level of NUTS 2. The aim of this paper is to analyse relevant indicators, and via the evaluation of EU regional policy effectiveness to rewiev difference in the production-consumption patterns of behaviour of European regions; focussing on convergence and variabiliness of these regions. With defined goal in mind, the regions have been classified. To classify the regions, the relational indicator has been created. The relational indicator has been developed as the relationship between the index of relative performance and index of relative consumption sources. The changes of relational indicator, as well as the GDP per capita criterion, have been evaluated in two periods. [ABSTRACT FROM AUTHOR]

We model the effects of changes in a federal government’s inter-regional transfers within the context of a CGE model of a federal system in which regional governments act to maximise the welfare of the residents of their region subject to the effects of their decision on regional economic outcomes. Regional governments are modelled as players in a non-cooperative game. Simulations are conducted with six versions of a small two-region model, each calibrated for a particular Australian state and the rest of the nation. We show that a change in the level of transfers has little influence on per-capita private consumption, government consumption and welfare, and that its main effect is to induce migration from the donor region to the recipient region. [ABSTRACT FROM AUTHOR]

The authors comment on Mayfair Mei-hui Yang's article on economic hybridity, ritual expenditures and Georges Bataille's concept of "general economy." They present queries about the models presented focusing on the Yang's sources of theoretical inspiration and not her use of them. They question whether Bataille's vision of capitalism is not itself caught in capitalism's self-mythologization as a desacralized and productivist space and worry about the slippage between the linguistic and the biological notion of hybridity.

The author comments on Mayfair Mei-hui Yang's article on economic hybridity, ritual expenditures and Georges Bataille's concept of "general economy." She states that the article provides a provocative argument about local cultural autonomy, subversions of global capitalism as well as the complexities of socioeconomic and cultural transformations in China. She asserts that culture in Wenzhou is positioned within a field of inequalities and as readily manifested in conflict and fragmentation as in order and stability.

The author comments on Mayfair Mei-hui Yang's article on economic hybridity, ritual expenditures and Georges Bataille's concept of "general economy." He states that religious practice and the ritual expenditure on spectacular performances of sacrifice and destruction are not activities usually associated with rapid regional economic development. He asserts that the paper did not unfold stories of religious squandering, general sacrifice, indulgent consumption and tomb building into the dominant narrative of global capitalist penetration. What Yang aimed to confront in her search for new conceptual vocabularies is the lingering influence of economic determinism.