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Economic Challenges of Lagging Regions III: Recent Investment Trends and Needs

Author

Listed:
  • Stefan Jestl

    (The Vienna Institute for International Economic Studies, wiiw)

  • Roman Römisch

    (The Vienna Institute for International Economic Studies, wiiw)

Abstract

This report focuses on investment in eight EU Member States and their lagging regions. Additionally, the analysis assesses the regional development strategies of the eight Member States and evaluates the main investment needs and complementary alternative support options of the lagging regions over the next ten years. The analysis is performed in two steps. The first step identifies the investment needs of the lagging regions from the countries’ own as well as from a European perspective. It analyses to what extent and in what form investments in the lagging regions have to be supported in order to satisfy the needs. The identification of investment needs is approached from two sides, a) the countries’ own assessments of investment needs and b) a comparative analysis of the lagging regions with more prosperous EU-28 regions that had similar economic development characteristics as the (Southern) lagging regions. The second step analyses the main national and regional investment trends over the last 10-15 years, and covers different types of investment, depending on whether they are seen from a National Accounts, European or international perspective.

Suggested Citation

  • Stefan Jestl & Roman Römisch, 2017. "Economic Challenges of Lagging Regions III: Recent Investment Trends and Needs," wiiw Research Reports 423, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:rpaper:rr:423
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    File URL: https://wiiw.ac.at/economic-challenges-of-lagging-regions-iii-recent-investment-trends-and-needs-dlp-4382.pdf
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    Citations

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    Cited by:

    1. Xin Xu & Chengjin Wang & Shiping Ma & Wenzhong Zhang, 2021. "China’s Special Poor Areas and Their Geographical Conditions," Sustainability, MDPI, vol. 13(15), pages 1-15, August.

    More about this item

    Keywords

    regional economic development; EU; lagging regions; regional policy; economic challenges; investment; foreign direct investment; structural funds;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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