With the aim of improving understanding of the functioning and potential effectiveness of structural funding instruments, the study provided the committee on Regional Development with a concise but comprehensive critical analysis of the expected impact of the Cohesion Policy resources allocated through the three priority objectives (Convergence, Regional Competitiveness and employment and European Territorial Cooperation). t33 contributed to the design of the methodology, to case studies implementation (IT, FR, RO), and to the presentation of results to the European Parliament