Converging trajectories? Reassessing EU Cohesion Policy in times of new industrial policy

Francesco Molica ()
Additional contact information
Francesco Molica: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en

No 2023-09, JRC Working Papers on Territorial Modelling and Analysis from Joint Research Centre

Abstract: The paper presents a critical assessment of EU Cohesion Policy’s rationale and specific features through the lenses of theories loosely referred to as ‘new industrial policy’. Theoretical work in this areas is important in order to clarify the role of Cohesion Policy in the context of the current revival of industrial policies and their growing importance for Europe’s economic, geopolitical, technological and climate ambitions. The paper explores the main challenges Cohesion Policy should address in order to fully embrace the experimentalism and directionality entailed in new industrial policy, going beyond the limitations of Smart Specialisation Strategies in reflecting this perspective. At the same time, a set of arguments is presented in support to the idea that the new industrial policy paradigm can be instrumental in bringing more theoretical salience and political prominence to Cohesion Policy

Keywords: Cohesion Policy; European Union; Smart Specialisation Strategy; Industrial Policy (search for similar items in EconPapers)
Date: 2023-10
New Economics Papers: this item is included in nep-eec and nep-eur
References: Add references at CitEc
Citations:

Downloads: (external link)
https://publications.jrc.ec.europa.eu/repository/handle/JRC134872 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ipt:termod:202309

Access Statistics for this paper

More papers in JRC Working Papers on Territorial Modelling and Analysis from Joint Research Centre Contact information at EDIRC.
Bibliographic data for series maintained by Publication Officer ().