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The European Social Fund: a very specific case instrument of HRD policy

The European Social Fund: a very specific case instrument of HRD policy Purpose – This paper aims to review the intervention of the European Social Fund (ESF) as an instrument of human resource development (HRD) policies in the European labor market. Design/methodology/approach – The paper uses an economic background, and reviews the official documents produced by the ESF during its history to try to define its economic impact. Findings – The paper concludes that the ESF was mainly a force of absorption of funds, which were sent from the European Union (EU) budget to certain regions. Research limitations/implications – The absorption logic has the implication that it is doubtful that the ESF completely pursued its aims, because the urge to absorb money somehow overshadowed the need to use it efficiently. Originality/value – This is the first time the ESF action has been reviewed in one single paper from an economic point‐of‐view. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png European Journal of Training and Development Emerald Publishing

The European Social Fund: a very specific case instrument of HRD policy

Eduardo Tomé
European Journal of Training and Development , Volume 37 (4): 21 – May 3, 2013
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21 pages

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Publisher
Emerald Publishing
Copyright
Copyright © 2013 Emerald Group Publishing Limited. All rights reserved.
ISSN
2046-9012
DOI
10.1108/03090591311319762
Publisher site
See Article on Publisher Site

Abstract

Purpose – This paper aims to review the intervention of the European Social Fund (ESF) as an instrument of human resource development (HRD) policies in the European labor market. Design/methodology/approach – The paper uses an economic background, and reviews the official documents produced by the ESF during its history to try to define its economic impact. Findings – The paper concludes that the ESF was mainly a force of absorption of funds, which were sent from the European Union (EU) budget to certain regions. Research limitations/implications – The absorption logic has the implication that it is doubtful that the ESF completely pursued its aims, because the urge to absorb money somehow overshadowed the need to use it efficiently. Originality/value – This is the first time the ESF action has been reviewed in one single paper from an economic point‐of‐view.

Journal

European Journal of Training and Development – Emerald Publishing

Published: May 3, 2013

Keywords: European Social Fund; Active labor market policies; European Union; Evaluation; Human resource development; Economic policy; Labour market

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