Redesigning the World’s Largest Development Programme – The EU Cohesion Policy

by Jörgen Eriksson on January 30, 2012

EU mapEconomic development is the sustained, coordinated actions of policy makers that promote the standard of living and economic health of a specific area. Such actions can involve multiple areas including development of human capital, critical infrastructure, regional competitiveness, environmental sustainability, social inclusion, health, safety, literacy, and other initiatives. Economic development differs from economic growth. Whereas economic development is a policy intervention endeavour with aims of economic and social well-being of people, economic growth is a phenomenon of market productivity and rise in GDP. Consequently economic growth is a consequence of successful economic development.

We tend to think of economic development programmes as something The West does for The Rest, i.e. aid programs to the developing countries. However the Worlds largest development program is right here in Europe. It is the EU cohesion policy, which aims to reduce the inequalities between European cities and regions. This policy is currently undergoing a major redesign for the next framework period 2014-2020.

In the video below, arranged by London School of Economics an recorded on 12 January 2012 in the Hong Kong Theatre, Clement House, Professor Philip McCann, special adviser to the European Commissioner for Regional Policy, discusses one of the great policy-making challenges of recent times, the redesign of the European Union cohesion policy.

The video is about 90 minutes long but it is worthwhile to watch for all of us who are involved in regional development projects.

Redesigning the World´s Largest Development Programme

About Jörgen Eriksson :

Jörgen Eriksson is the founder of Bearing and is the Chairman of the firm since it was created. He has successfully expanded Bearing into covering projects on four continents. He is also Adjunct Professor of Innovation Management at the International University of Monaco and at Universitat Politècnica de Catalunya in Barcelona and he is an active member of the Founders Alliance organisation.

Working with consulting engagements across Bearings practices, he has over the past fifteen years participated in and supervised a large number of client projects, from innovation system development and place development and branding, to merger and acquisition assignments and leading edge research and business development activities for key clients.

His new book, Branding for Hooligans, will be published in 2015. It is about how innovation and branding are key survival factors in our modern times of hyper competitive markets.

Prior to Bearing, he was Director of Europe, Middle East, and Africa for Trema Treasury Management, a technology and consulting services provider, supplying financial software solutions for the global financial industry, Clients included The European Central Bank, Citibank, SEB, South African reserve Bank, Deutsche Bank, Abu Dhabi Investment Authority (ADIA), as well as many other large financial institutions and Fortune 500 companies.

Early in his career Eriksson was educated at the Stockholm School of Economics, where he studied economics, financial economics and philosophy. He then worked in Scandinavian investment banks and also for the Swedish Institute of National Defense Research.

You can contact Jörgen on e-mail jorgen.eriksson@bearing-consulting.com, connect on LinkedIn on http://fr.linkedin.com/pub/jörgen-eriksson/0/38/8a0/ and follow him on twitter on joreri508.

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