Challenges and Opportunities to Regional Renewal in the European Union
The strength of the 2008 financial and economic crisis and the resulting degree of recovery were heterogeneous among and within EU countries. Challenges and opportunities driven by regional specific differences determined the ability to recover and overshoot the pre-crisis levels of growth. Focusing upon NUTS-2 European regions, we explore a novel conceptual framework to tackle with regional economic resilience, namely the renewal capacity. Precisely, we concentrate on the aptitude of regional economies to ‘renew’ their growth paths in the labour market in the aftermath of the recent global crisis. We find some well-identified spatial patterns of regional employment renewal and identify a set of territorial assets which allowed some regions to bounce back faster and more comprehensively than others to the economic downturn. These findings suggest potential policy directions at all levels for enhancing regional resilience.
PONTAROLLO Nicola;
SERPIERI Carolina;
2020-12-15
SAGE PUBLICATIONS INC
JRC117568
0160-0176 (online),
https://journals.sagepub.com/doi/10.1177/0160017620931591,
https://publications.jrc.ec.europa.eu/repository/handle/JRC117568,
10.1177/0160017620931591 (online),
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