Territorial Images of the Future: The Quantitative Foresights Results

Roberta Capello and Ugo Fratesi

Chapter 10 in Modelling Regional Scenarios for the Enlarged Europe, 2008, pp 211-282 from Springer

Abstract: Abstract This chapter is devoted to the presentation of the scenario results. It first reports aggregate results on the average annual growth rates for the EU27, and for the two large blocks of countries, the OLD15 and the NEW12 countries, under each scenario. As will be shown, the four scenarios exhibit rather different growth trajectories, and they highlight interesting aspects: the combination of reactive, modernising and reconverting strategies produces the most expansionary scenario, while a cost-competitive strategy by the NEW12 gives rise to a successful growth trajectory only if the BRIC countries do not adopt the same price-competitive approach. In general, the strategies put in place in the external world heavily influence European growth trajectories in all scenarios (Sect. 10.2).

Keywords: Population Growth Rate; Baseline Scenario; Eastern Country; Annual Average Growth Rate; Defensive Strategy (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-540-74737-6_11

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DOI: 10.1007/978-3-540-74737-6_11

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