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Policy options for the development of peripheral regions and countries of Europe

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Author Info

  • Karl Aiginger
  • Matthias Firgo
  • Peter Huber

Abstract

Given the recent economic problems of southern EU countries that are rooted in lacking competitiveness, this task will summarise existing knowledge on the factors impeding on or facilitating the economic development of peripheral/low income regions in the EU, and discuss policy options to improve economic performance of Southern european countries while at the same time maintaining (or improving) sustainability. In the light of recent developments a central focus will be put on Greece, Italy, Portugal and Spain, and on the question of how national, community wide policies and spillovers from the centre can contribute to the double objective of improving competitiveness and sustainability in these countries. A substantial part of the empirical evidence for the policy conclusion comes from anylyzing the catching up experience of regions within countries, since this situation resembles the chances and problems of countires catching up within a Monetary Union (without the possibility to improve competitiveness and correct policy failures by devaluations). The results of this task will be reported in a separate deliverable (in the form of a policy brief) and will serve the researchers involved in all tasks of this work package as a starting point for further analysis.

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File URL: http://www.foreurope.eu/fileadmin/documents/pdf/Policybriefs/WWWforEurope_PB_no02_D504.1.pdf
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Bibliographic Info

Paper provided by WWWforEurope in its series WWWforEurope Policy Brief series with number 2.

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Length: 14
Date of creation: Dec 2012
Date of revision:
Publication status: published
Handle: RePEc:feu:wfepbr:y:2012:m:12:d:0:i:2

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Postal: WWWforEurope Project Office Austrian Institute of Economic Research Arsenal Objekt 20 A-1030 Vienna
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Related research

Keywords: Competitiveness; economic growth path; European economic policy; labour markets; peripheral areas; rural areas;

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Cited by:
  1. Stefan Ederer & Stefan Weingärtner, 2013. "Remapping EMU. On the future Construction of Economic and Monetary Union," WWWforEurope Policy Paper series 5, WWWforEurope.
  2. Karl Aiginger & Matthias Firgo & Petr Huber, 2013. "What can the EMU's peripheral counties learn from regional growth?," MENDELU Working Papers in Business and Economics 2013-42, Mendel University in Brno, Faculty of Business and Economics.
  3. Karl Aiginger, 2013. "A new strategy for the European periphery," WWWforEurope Policy Paper series 1, WWWforEurope.
  4. Karl Aiginger, 2014. "Industrial Policy for a sustainable growth path," WWWforEurope Policy Paper series 13, WWWforEurope.
  5. Karl Aiginger & Kurt Kratena & Margit Schratzenstaller & Teresa Weiss, 2014. "Moving towards a new growth model," WWWforEurope Deliverables series 3, WWWforEurope.
  6. IMK Düsseldorf & OFCE Paris & WIFO Wien, 2013. "Crisis continues to smoulder," IMK Report 80e-2013, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
  7. Karl Aiginger & Susanne Bärenthaler-Sieber & Johanna Vogel, 2013. "Competitiveness under New Perspectives," WWWforEurope Working Papers series 44, WWWforEurope.
  8. IMK Düsseldorf & OFCE Paris & WIFO Wien, 2013. "Die Krise schwelt weiter," IMK Report 80-2013, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.

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