Europe’s alternative: a Green Industrial Policy for sustainability and convergence

Matteo Lucchese and Mario Pianta

MPRA Paper from University Library of Munich, Germany

Abstract: Europe is facing the twin challenges of addressing climate change and reducing the centre-periphery divergence. The ‘European Green Deal’ of the EU Commission includes larger climate change objectives, but with the same amount of EU resources and no clear vision on how to achieve aims. The lack of action for greater cohesion and convergence in economic performances is contributing to wider disparities within Europe, in particular with the countries and regions of Southern Europe. These challenges could be jointly understood as a need for deep changes in Europe’s production systems, making them carbon-neutral and distributing more evenly economic activities in Europe’s territory. A Green Industrial Policy for Europe could be the appropriate frame for developing a combined set of policies addressing such challenges.

Keywords: Europe; green industrial policy; economic convergence (search for similar items in EconPapers)
JEL-codes: L52 O25 P48 (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-ene, nep-env and nep-hme
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:98705

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