Warning: date() expects parameter 2 to be long, string given in /home/bruegelo/public_html/wp-content/themes/bruegel/content.php on line 92

Warning: date() expects parameter 2 to be long, string given in /home/bruegelo/public_html/wp-content/themes/bruegel/content.php on line 96

Warning: date() expects parameter 2 to be long, string given in /home/bruegelo/public_html/wp-content/themes/bruegel/content.php on line 99

Past Event

Assessing the impact of EU cohesion policy

The meeting was organised in two sessions. One was institutional and looked at the new performance-oriented EU cohesion policy, its rationale and previous experiences with impact assessment. The other one aimed to assess the growth effects of EU cohesion policy with an eye at the different methodologies that have been used to measure them. Programme […]

Date: May 15 - Topic: European Macroeconomics & Governance

The meeting was organised in two sessions. One was institutional and looked at the new performance-oriented EU cohesion policy, its rationale and previous experiences with impact assessment. The other one aimed to assess the growth effects of EU cohesion policy with an eye at the different methodologies that have been used to measure them.

Programme – download here

08.55 – 09.00 – Welcome by Guntram Wolff

09.00 – 10.45 Session 1 – The impact of EU cohesion policy

Chair: Benedicta Marzinotto, Bruegel

Should EU cohesion policy be assessed for what it delivers? How to assess its impact? How to organize impact assessment? What results have previous exercises produced?

Speakers:

  • 09.00-09.20 Philip McCann, University of Groningen and special adviser to Johannes Hahn, European Commissioner for Regional Policy
  • 09.20-09.40 Veronica Gaffey, European Commission
  • 09.40-10.00 Piotr Zuber, Polish Ministry of Regional Development

Discussant:

  • 10.00-10.15 Laszlo Csaba, Central European University and Corvinus University, Budapest

10.15-10.45: Q&A and Roundtable discussion

10.45-11.00 Coffee break

11.00-12.30 Session 2 – Growth effects: what can economic models tell us?

Chair: Zsolt Darvas, Bruegel

How much economic growth has EU cohesion policy produced? What can economic models teach us about the impact of EU cohesion policy? What different methodologies are used to measure effectiveness and what are their relative merits?

Speakers:

Discussant:

12.15-12.45 Q&A and Roundtable discussion

12.50 – Buffet lunch

13.30 – END

Event materials

  • Summary of the event here
  • John Bradley, presentation, Assesing the impact of EU cohesion policy: what can economic models tell us? here
  • Angel de la Fuente, Testing, not modelling, the impact of Cohesion support: a theoretical framework and some preliminary results for the Spanish regions, here
  • Janos Varga and Jan in ‘t Veld, Assessing the potential impact of EU Cohesion Policy based on a structural macroeconomic model with semi-endogenous growth, here
  • Veronica Gaffey, Evaluating the impact of EU cohesion policy here

Video

Q&A with Philip McCann, University of Groningen and special adviser to Johannes Hahn, European Commissioner for Regional Policy

<iframe width="350" height="252" src="http://www.youtube.com/embed/meAu1ROmXnU" frameborder="0" allowfullscreen></iframe>


Warning: Invalid argument supplied for foreach() in /home/bruegelo/public_html/wp-content/themes/bruegel/content.php on line 449
Read article Download PDF More on this topic

Policy Brief

One size does not fit all: European integration by differentiation

The need for reform of the EU is increasingly urgent. The authors of this policy brief suggest a new governance model, combining a bare-bones EU with a 'Europe of clubs'. Such reform would offer scope for broad membership without stalling the process of integration for those that wish to pursue it.

By: Maria Demertzis, Jean Pisani-Ferry, André Sapir, Thomas Wieser and Guntram B. Wolff Topic: European Macroeconomics & Governance Date: September 19, 2018
Read about event More on this topic

Past Event

Past Event

Crypto assets: is a regulatory framework needed?

The economic potential and risks of crypto assets: is a regulatory framework needed?

Speakers: Thierry Philipponnat and Guntram B. Wolff Topic: European Macroeconomics & Governance Location: France Stratégie, 20 avenue de Ségur, 75007 Paris Date: September 19, 2018
Read about event More on this topic

Past Event

Past Event

Structural reforms in Europe: policy lessons from the crisis

When are structural reform efforts successful in fostering productivity and growth when and why do they fail?

Speakers: Ana Fontoura Gouveia, Paolo Manasse, Klaus Masuch and Alessio Terzi Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: September 18, 2018
Read article More on this topic More by this author

Blog Post

Reforming the EU fiscal framework

Researchers have often highlighted the problematic nature of the currently very complex EU fiscal framework. Here we review economists’ views on how it should be changed.

By: Silvia Merler Topic: European Macroeconomics & Governance Date: September 17, 2018
Read article More by this author

Podcast

Podcast

Director’s Cut: Europe’s migration policy challenge

Immigration is one of the most contentious policy matters currently facing the EU. In this Director’s Cut of ‘The Sound of Economics’ Bruegel director Guntram Wolff welcomes Ana Palacio, member of the Spanish council of state and former foreign affairs minister, as well as Bruegel visiting fellow Elina Ribakova for a constructive discussion as to which approaches will yield the best results.

By: The Sound of Economics Topic: European Macroeconomics & Governance, Global Economics & Governance Date: September 14, 2018
Read article More on this topic

Blog Post

The economic case for an expenditure rule in Europe

Proposals for reforming the euro area back on the agenda. An overhaul of the European fiscal rules should be on high on this agenda, because the current fiscal framework has not worked well. This column proposes substituting the numerous and complex present rules with a new, simple rule focused on limiting annual growth rate of expenditures.

By: Zsolt Darvas, Philippe Martin and Xavier Ragot Topic: European Macroeconomics & Governance Date: September 13, 2018
Read article Download PDF More on this topic

External Publication

The EU’s Multiannual Financial Framework and some implications for CESEE countries

Bruegel scholars Zsolt Darvas and Guntram Wolff contributed to the September 2018 edition of the OeNB's Focus on European Economic Integration.

By: Zsolt Darvas and Guntram B. Wolff Topic: European Macroeconomics & Governance Date: September 12, 2018
Read about event More on this topic

Past Event

Past Event

Reforming Europe's fiscal framework

This event will discuss reforming Europe's fiscal framework in order to make it less complex and more effective.

Speakers: Zsolt Darvas, Lars Feld, Philippe Martin, Lucio Pench and Beatrice Pierluigi Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: September 12, 2018
Read article More on this topic More by this author

Opinion

Should central European EU members join the euro zone?

Eurozone membership (or the use of a fixed exchange rate) was not a factor determining economic success in Central Europe. There were both good and bad macroeconomic performances in both the flexible and the fixed exchange rate regimes of Central European countries. The implication is that Central European “outs” could be economically successful both with and without the euro, yet the EU is not only about economic benefits.

By: Zsolt Darvas Topic: European Macroeconomics & Governance Date: September 11, 2018
Read about event More on this topic

Upcoming Event

Oct
23
12:30

Europe: Back to the future of a political project

This event will feature a discussion on different ideas for reforming European Governance.

Speakers: Ulrike Guerot, Adriaan Schout and Guntram B. Wolff Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels
Read article More on this topic

Blog Post

The higher yield on Italian government securities could soon be a burden for the real economy

The increase in the spread between Italian (BTP) and German (Bund) government securities is directly an additional burden for Italy public finance, and thus for tax payers. But it could soon also become a burden for the real economy, as the increased yield on Italian government securities could pull up the cost of bank loans for Italian firms, thus imparting a deflationary impact onto the economy.

By: Francesco Papadia and Inês Goncalves Raposo Topic: European Macroeconomics & Governance Date: September 10, 2018
Read article Download PDF

Policy Contribution

The economic potential and risks of crypto assets: is a regulatory framework needed?

What is the economic potential and the risks of crypto assets? Regulators and supervisors have taken great interest in these new markets. This Policy Contribution is a version of a paper written at the request of the Austrian Presidency of the Council of the European Union for the informal ECOFIN meeting of EU finance ministers and central bank governors.

By: Maria Demertzis and Guntram B. Wolff Topic: European Macroeconomics & Governance, Testimonies Date: September 6, 2018
Load more posts