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>

Read about event More on this topic
 

Upcoming Event

May
19
16:30

After COVID-19: a most wanted recovery

This event, jointly organised with ISPI, as the National Coordinator and Chair of the T20 Italy, is part of the T20 Spring Roundtables and it will focus on strategies for a swift and sustainable economic recovery for Europe.

Speakers: Franco Bruni, Maria Demertzis, Elena Flores, Paul De Grauwe, Christian Odendahl, Miguel Otero-Iglesias and André Sapir Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels
Read article Download PDF More by this author
 

Book/Special report

Bruegel annual report 2020

The Bruegel annual report provides a broad overview of the organisation's work in the previous year.

By: Bruegel Topic: Energy & Climate, European Macroeconomics & Governance, Finance & Financial Regulation, Global Economics & Governance, Innovation & Competition Policy Date: May 6, 2021
Read article More on this topic More by this author
 

Podcast

Podcast

Money, money, money!

The nature of money is under scrutiny as central banks begin pondering issuing digital currencies

By: The Sound of Economics Topic: European Macroeconomics & Governance Date: April 30, 2021
Read article More on this topic
 

Blog Post

Setting Europe’s economic recovery in motion: a first look at national plans

Plans for spending European Union recovery funds submitted by the four largest EU countries reflect rather different priorities. So far, only Italy is interested in borrowing from the EU.

By: Zsolt Darvas and Simone Tagliapietra Topic: European Macroeconomics & Governance Date: April 29, 2021
Read about event More on this topic
 

Past Event

Past Event

Sovereign ratings during crises: is this time different?

Why, despite the increase in public debt levels around the world have sovereign ratings been largely unaffected by the COVID-19 crisis?

Speakers: Grégory Claeys, Alexandra Dimitrijevic, Judith Arnal Martínez and Daniel Vernazza Topic: European Macroeconomics & Governance Date: April 27, 2021
Read article More by this author
 

Blog Post

Vaccine diplomacy: soft power lessons from China and Russia?

The rocky start to the European Union’s vaccination rollout has allowed Moscow and Beijing to score political points in the Balkans and Central and Eastern Europe.

By: Michael Leigh Topic: European Macroeconomics & Governance, Global Economics & Governance Date: April 27, 2021
Read article More on this topic
 

Blog Post

Do citizens care about Europe? More than they used to

The level of interest of European citizens in the European Union is increasing, but still lags behind EU economic and policy integration.

By: Enrico Bergamini, Emmanuel Mourlon-Druol, Francesco Papadia and Giuseppe Porcaro Topic: European Macroeconomics & Governance Date: April 26, 2021
Read article More on this topic
 

Opinion

The ECB needs political guidance on secondary objectives

While EU Treaties clearly stipulate that the ECB “shall support the general objectives of the European Union”, it is not appropriate to simply stand by, wishing that the ECB will use its discretionary power to act on them. Political institutions of the EU should prioritise the secondary goals to legitimise the ECB’s action.

By: Pervenche Béres, Grégory Claeys, Nik de Boer, Panicos O. Demetriades, Sebastian Diessner, Stanislas Jourdan, Jens van ‘t Klooster and Vivien Schmidt Topic: European Macroeconomics & Governance Date: April 22, 2021
Read about event More on this topic
 

Past Event

Past Event

Living standards and financial resilience across Europe

What has the impact of the pandemic on households’ financial resilience been, and how should policy makers respond?

Speakers: Romina Boarini, Zsolt Darvas, Maria Demertzis and Daniel Tomlinson Topic: European Macroeconomics & Governance Date: April 21, 2021
Read article More by this author
 

Opinion

We need more bias in artificial intelligence

What makes one vision more desirable than another is not its neutrality, but whether it can better serve one’s goals in the context of where those goals are being pursued.

By: Mario Mariniello Topic: European Macroeconomics & Governance, Innovation & Competition Policy Date: April 21, 2021
Read article
 

Blog Post

Urgent reform of the EU resolution framework is needed

In this blog, the authors argue that two aspects of the European resolution framework are particularly in need of reform – the bail-in regime and the resolution mechanism for cross-border banks – and propose a reform of both.

By: Mathias Dewatripont, Lucrezia Reichlin and André Sapir Topic: European Macroeconomics & Governance, Finance & Financial Regulation Date: April 16, 2021
Read article More on this topic More by this author
 

Podcast

Podcast

[LIVE] The idea of Europe: more than a feeling?

What can 70 years of news(paper articles) and how we talk about 'Europe' tell us about pan-European identity? Is there even such a thing as a European public sphere?

By: The Sound of Economics Topic: European Macroeconomics & Governance Date: April 16, 2021
Load more posts