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An Agenda for a Reformed Cohesion Policy A place-based approach to meeting European Union challenges and expectations

Fabrizio Barca

No EERI_RP_2008_06, EERI Research Paper Series from Economics and Econometrics Research Institute (EERI), Brussels

Abstract: EU regional policy is an investment policy. It supports job creation, competitiveness, economic growth, improved quality of life and sustainable development. These investments support the delivery of the Europe 2020 strategy. The present paper analysis two strategically different options of EU regional policy: place-neutral versus place-based policies for economic development. Our results suggest that in many EU regions the place-neutral policies may no be the best policy response to facing new challenges posed by deeper economic integration and globalisation.

Keywords: Place-based; development; policy; institutions; globalisation; economic geography. (search for similar items in EconPapers)
JEL-codes: R11 R58 O18 P48 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cta
Date: 2008-12-06
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