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Smart specialisation strategies and regional convergence: Spanish Extremadura after a period of divergence
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Orientador(es)
Resumo(s)
Smart specialization strategies are a new EU approach to cohesion policy, meant to deliver
growth and development at EU national and regional level. Bearing in mind its focus on place-based
development strategies, this paper intends to shed some light on its appropriateness to tackle uneven
development and regional growth divergence. The paper showcases Spanish Extremadura growth
trajectory. Extremadura is a poor region in the European context that between 2008 and 2014 diverged
from the EU average, despite being eligible for EU funding as a convergence region by cohesion
policy. In the 2014–2020 programming period, there was a positive dynamic at the beginning, but
from 2017 onwards convergence stopped, which indicates that thematic and regional programmes
have not delivered results or have not compensated for higher growth level of other Spanish regions.
Moreover, research and innovation strategies for smart specialization (RIS3) seem to have limited
impacts on place-based economic transformation in less developed regions. From this example, the
suitability of the smart specialisation strategy as the core of cohesion policy in the programming
period is discussed. It concludes that this strategy is interesting for intermediate development regions
with some industrial base but does not seem appropriate as a convergence driver for poorer regions.
Descrição
Palavras-chave
Regional development EU cohesion policy Convergence objective regions RIS3 2008 crisis Extremadura Spain
Contexto Educativo
Citação
Madeira, P. M., Vale, M. & Mora-Aliseda, J. (2021). Smart specialisation strategies and regional convergence: Spanish Extremadura after a period of divergence. Economies, 9(4), 138. http://dx.doi.org/10.3390/economies9040138
Editora
MDPI