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 analysing the catching-up experience of regions within countries, since this situation
resembles the chances and problems of countries 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.
Forschungsbereich:Regionalökonomie und räumliche Analyse