Documents Hunter, Alison 2 results

"Yesterday, the Commission launched its 7th Cohesion Report in the context of the European Week of Regions and Cities (EWRC). Today, EU Finance Ministers took stock of the 2017 ‘European Semester' policy monitoring process with a view to making the exercise smoother and more effective.

As the debate concerning the post-2020 Cohesion Policy takes shape, the European Policy Centre (EPC) publishes a report that offers a fresh contribution and a new direction for the policy's future at the heart of the EU's economic growth agenda.

Our report examines the role played by conditionalities and how these have impacted perceptions and delivery of the EU Structural and Investment Funds (ESI). We propose that the future Cohesion Policy be positioned within a more comprehensive EU economic governance system, encompassing all EU growth-enhancing policies and geared by a new EU growth strategy.

The paper seeks to reposition Cohesion Policy as the EU's main lever towards both solidarity and investment in the context of the post-2020 financial framework. This report thus proposes to:

Strengthen the coherence between Cohesion Policy and the wider EU economic governance framework;
Re-position Cohesion Policy as an enabler for the delivery of the EU's growth-enhancing reform agenda;
Acknowledge the different delivery capacities among EU member states and regions in the implementation of the EU structural and investment funds.
Our recommendations highlight how Cohesion Policy can help drive reforms and direct investments that will achieve greater economic and social benefits. They will give the Cohesion Policy community a new enabling environment to deliver on its economic, social and territorial cohesion objectives."

"The territorial and socioeconomic impact of globalisation and technological change aggravate disparities and fragmentation among EU regions. Some of them are not well equipped to address these challenges and are struggling to adapt to new economic structures. In older industrial regions, dominant policies – supporting an agglomeration logic or a 'leapfrog' into highly innovative economic sectors – show significant limitations.

The case for EU action is strengthened by the negative economic, social, and political spillovers generated by regional inequalities. The EU should clarify the added value of its action and critically review the contribution of EU policies and programmes to successful industrial transitions. In that regard, the EU should build on a bolder experimentation approach, drawing on existing initiatives, to identify what works in managing industrial transformations.

A more tailored approach to regional development should be promoted in order to better match ambitions to local endowments.

The development of a new narrative and supporting framework for EU regions in industrial transition is vital to deliver a new economic dynamism across the EU's diverse territories."