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Transformation of core-periphery socio-economic relations (quality of life indices approach within European funding programmes)

Abstract The transformation of the core–periphery is obvious within integrated structures such as the European Union, especially within a period of socio-economic transformation. There is a lack of measurement of the scales of these relations. The quality of life indices get special attention because of their all-inclusive nature that focuses on location-specific characteristics. An analysis of consumer decision-making indicates that the weights used for the regional amenities considered and included in the index should not vary across regions (countries). Given this, a quality of life index is computed for various countries assuming that all amenities are equally weighted. All amenities considered are scaled from 0 to 100 so that the index is independent of units of measurement. Countries were ranked according to the adopted quality of life criterion. A comparison of quality of life values with the per capita European Commission funding programmes indicates that the allocation of funds as an economic policy tool supports the integration and transformation processes within the European Union.