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The Future of EU Cohesion - Effects of the Twin Transition on Disparities across European Regions

Author

Listed:
  • Ambre Maucorps

    (The Vienna Institute for International Economic Studies, wiiw)

  • Roman Römisch

    (The Vienna Institute for International Economic Studies, wiiw)

  • Thomas Schwab
  • Nina Vujanović

Abstract

Closing the prosperity gap between regions has always been a key political aspiration of the European Union – and cohesion policy is the primary means to achieve that goal. Europe is currently undergoing a digital and green transition that is drastically changing the way its economy works. How well prepared are regions to capitalise on the twin transition? And what impact will it have on regional cohesion in Europe? Our study finds that greening and digitalising the economy will likely widen the gap between rich and poor regions in Europe.

Suggested Citation

  • Ambre Maucorps & Roman Römisch & Thomas Schwab & Nina Vujanović, 2023. "The Future of EU Cohesion - Effects of the Twin Transition on Disparities across European Regions," wiiw Research Reports 467, The Vienna Institute for International Economic Studies, wiiw.
  • Handle: RePEc:wii:rpaper:rr:467
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    References listed on IDEAS

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    More about this item

    Keywords

    EU; EU regions; regional development; digitalisation; green transition; cohesion;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy

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