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Begin New Search Topic Regional Economy Publication Year within 25 Years

1. Regional deprivation, individual prospects, and political resentment

Author:
Giovanni Facchini, Anja Neundorf, Sergi Pardos-Prado, and Cecilia Testa
Publication Date:
04-2025
Content Type:
Working Paper
Institution:
Nottingham Interdisciplinary Centre for Economic and Political Research (NICEP)
Abstract:
Regional economic conditions affect livelihoods and the geography of political resentment. Yet, individuals do not equally partake in their region’s economic fortunes, and their perceptions of relative deprivation need not be the same. Grievances are likely to be shaped not only by income disparities but also by how personal prospects are tied to regional conditions. We argue that the interaction between subjective individual and regional relative deprivation crucially affects perceptions of shared experience and systemic unfairness. Through a large-scale survey experiment in Britain, we provide causal evidence that poor individuals in poor regions express more political resentment due to diminished personal financial prospects and social status. In contrast, political attitudes among poor and wealthy individuals are indistinguishable in affluent regions. Our findings reveal how reference groups affect subjective perceptions of relative deprivation and highlight the importance of egocentric mechanisms, whereby the local economy shapes expectations of individual prospects.
Topic:
Economic Inequality, Regional Economy, Social Status, and Political Resentment
Political Geography:
Britain and Europe

2. Competitive Harmonisation: A Collaborative Framework for Intra-EU Reform and Competitiveness

Author:
Matthias Bauer
Publication Date:
02-2025
Content Type:
Working Paper
Institution:
European Centre for International Political Economy (ECIPE)
Abstract:
Persistent legal fragmentation, compounded by the EU’s 24 official languages, increases costs and legal uncertainty, deterring meaningful investments in innovation and preventing businesses from scaling across borders. Without bold, comprehensive legal reforms, Europe will fall further behind in global competition and major global technological developments. The EU’s incremental reform approach has failed to address the deep-rooted legal and institutional challenges threatening Europe’s economic future. Competitive Harmonisation offers a pragmatic yet visionary concept to overcome legal fragmentation, tackle the business scale gap, and unlock Europe’s vast economic potential. By embracing “collaborative governance” through coalitions of willing Member States, aligning with global standards, and prioritising innovation and technology diffusion, European governments can enhance the Single Market and restore Europe’s leadership in lawmaking and industrial competitiveness. Amid growing political risks, such as the threat of tariffs, the responsibility to act decisively rests squarely with Europe. By taking bold, pragmatic steps now, Europeans can not only resolve immediate challenges but also lay the groundwork for sustainable, long-term economic development.
Topic:
Markets, Reform, European Union, Regional Economy, and Economic Competition
Political Geography:
Europe

3. The 8 Percent Approach: A Big Bang in Resources and Capacity for Europe’s Economy and Defence

Author:
Andrea Dugo, Fredrik Erixon, and Ismail Abdi
Publication Date:
03-2025
Content Type:
Working Paper
Institution:
European Centre for International Political Economy (ECIPE)
Abstract:
Europe has become a region of feeble economic performance and military frailty. Its share of the world economy is rapidly shrinking, and the region is struggling to keep up with economies at the modern technological frontier. Countries in the European Union have for decades talked about the importance of raising Research and Development (R&D) expenditure and allow greater space for an entrepreneurial business sector that is prospering on the back of innovation. However, the results are poor. R&D expenditures as a share of GDP have largely been stagnant, business investment and inward Foreign Direct Investment (FDI) have tanked. Rates of new business formation and growth are paltry, partly as a result of gross overregulation. Productivity growth has continued its decades-long path of deceleration, and the EU is increasingly behind international leaders. Fortunately, Europe is beginning to wake up from its strategic slumber. Defence expenditures are now growing faster than in previous decades – and some countries, like Poland, are becoming serious powers. Yet, the region’s own military capacity remains poor. Europe must rebuild core conventional capacities at a time when defence modernisation requires substantial resources and focus. Russia may be bogged down by its war against Ukraine, but it is rebuilding its capacities fast and is increasingly aided by partnerships with other countries that want to break down what remains of a liberal world order. Many European NATO-members are now hitting the 2-percent spending target but must spend vastly more to acquire sufficient capacities to defend themselves and their interests.
Topic:
Defense Policy, European Union, Regional Economy, and Russia-Ukraine War
Political Geography:
Russia and Europe

4. The Impact of Increased Mass Litigation in Europe

Author:
Fredrik Erixon, Oscar Guinea, Dyuti Pandya, Vanika Sharma, Elena Sisto, Oscar du Roy, Renata Zilli, and Philipp Lamprecht
Publication Date:
03-2025
Content Type:
Working Paper
Institution:
European Centre for International Political Economy (ECIPE)
Abstract:
The purpose of this study is to better understand the growth of mass litigation in the European Union (EU) and its economic consequences. European authorities have long encouraged consumers to seek redress through private litigation in European competition law and, more recently, they have shifted their focus towards collective actions in a broad range of areas, including data privacy and product liability. Facilitating access to justice through collective actions is not a cost-free option. Unfortunately, there is a lack of economic analysis on the consequences of an increase in collective action cases in the EU. It is crucial to understand the economic consequences of a “mixed regime” – that is, a regime based on both ex-ante public enforcement through regulation and ex-post enforcement through private litigation. The combination of these two enforcement models raises questions about how the system is intended to work together and what the consequences might be for the economy. This study examines the economic implications of these developments in the EU.
Topic:
Law, European Union, Regulation, Regional Economy, and Litigation
Political Geography:
Europe

5. Navigating Geopolitical Realities: The EU’s Strategic Positioning in the South Caucasus and Central Asia

Author:
Tengiz Pkhaladze
Publication Date:
05-2025
Content Type:
Policy Brief
Institution:
European Centre for International Political Economy (ECIPE)
Abstract:
This policy brief examines the strategic importance of the South Caucasus and its pivotal role in the European Union’s evolving engagement with Central Asia. The regional landscape, however, remains highly volatile. Russia’s aggression in Ukraine has had direct and indirect repercussions for the South Caucasus. Against the backdrop of the war, Moscow continues its efforts to maintain the region within its sphere of influence – through military presence, disinformation, economic leverage, and political interference. Twenty percent of Georgia’s territory remains illegally occupied by Russian forces, while the fragile post-conflict environment following the Second Karabakh War continues to shape relations between Armenia and Azerbaijan. While missions such as EUMM in Georgia and EUMA in Armenia reflect the EU’s growing political engagement, they remain limited in scope and capacity, constraining the Union’s ability to address the region’s evolving risks. The EU’s partnerships with South Caucasus countries are characterized by both strategic opportunity and persistent friction. Azerbaijan has become an important energy supplier to the EU, particularly via the Southern Gas Corridor, and is also involved in early-stage renewable initiatives such as the Black Sea Submarine Cable Project. However, the relationship remains complicated by enduring concerns related to governance, human rights, and democratic norms. Georgia, despite receiving EU candidate status in 2023, has prompted growing concern among EU institutions and member states over perceived democratic backsliding and increasing political polarization. The country remains a vital transit hub for the Middle Corridor and a central partner in EU connectivity efforts, but its internal developments have raised questions in Brussels about the sustainability of its European path. At the same time, Georgia continues to be a major target of Russia’s hybrid influence operations, which exploit internal divisions and erode trust in Euro-Atlantic institutions. Armenia, disillusioned with Russia’s security guarantees, is cautiously deepening its engagement with the West. However, the extent of this shift remains contingent on developments in Georgia – given Armenia’s geographic dependence – and on the prospects for a durable peace agreement with Azerbaijan. This policy brief assesses how the EU is managing the tensions between its strategic objectives and its normative commitments in a region increasingly shaped by Great Power rivalry. It concludes with policy recommendations aimed at strengthening the EU’s credibility and effectiveness in both the South Caucasus and Central Asia – advocating for a more coherent, proactive, and principled approach that aligns short-term geopolitical interests with long-term goals for regional stability and integration.
Topic:
European Union, Geopolitics, Strategic Interests, Regional Economy, and Regional Politics
Political Geography:
Russia, Europe, Central Asia, and South Caucasus

6. The US Should Enhance Economic Engagement with Taiwan

Author:
Min-Hua Chiang
Publication Date:
07-2024
Content Type:
Special Report
Institution:
East-West Center
Abstract:
Dr. Min-Hua Chiang, East-West Center Adjunct Fellow and a Non-Resident Senior Fellow at the University of Nottingham’s Taiwan Research Hub, explains "Further strengthening Taiwan’s economy will make it more capable of bearing the financial burden of defending the island against a Chinese invasion…," and this imperative is compounded as Taiwan is “a critical player in America’s competition with China in the global semiconductor industry.”
Topic:
International Relations, Economics, Science and Technology, Leadership, Regional Economy, and Economic Engagement
Political Geography:
China, Taiwan, Asia, and United States of America

7. Still in the Fast Lane? How can EU-CEE Get its Groove Back?

Author:
Tomáš Slačík
Publication Date:
09-2024
Content Type:
Special Report
Institution:
The Vienna Institute for International Economic Studies (WIIW)
Abstract:
This report revisits the growth and convergence performance of the 11 EU member states in Central, East and Southeast Europe (EU-CEE11) over the past few decades, examining the underlying drivers, structural changes and the outlook. The review aims to assess the sustainability of the current economic model and identify areas for economic policy to focus on boosting growth. The findings show that convergence has significantly slowed since the global financial crisis, with value added growth declining in virtually all industries. This slowdown is attributed to structural rather than cyclical factors, with total factor productivity (TFP) being the main driver as well as the primary culprit behind the deceleration. Since medium-term growth projections for the region are not optimistic, the EU-CEE11 countries must make substantial efforts to improve their economic models. Key areas to focus on include energy, underutilised labour and improving human capital. While still very competitive, the manufacturing sector needs to move towards higher value added activities.
Topic:
European Union, Economic Growth, Trade, Regional Economy, and Convergence
Political Geography:
Europe

8. Liquidity Re-injection in the CEMAC Region: Balancing Effectiveness, Inflationary Pressures, and Economic Stability Prospects

Author:
Stephane Atangana
Publication Date:
12-2024
Content Type:
Working Paper
Institution:
The Nkafu Policy Institute
Abstract:
This policy brief examines the impact of liquidity re-injections by the Bank of Central African States (BEAC) since June 2024 (1, 2) and their role in revitalizing the CEMAC region’s economy. While these measures aim to stimulate bank financing, they occur in a context marked by persistent challenges such as low financial inclusion and economic disparities within the region. The analysis highlights the need for stronger coordination between monetary and fiscal policies to maximize the effectiveness of reforms. Such coordination would regulate inflation, support economic growth, and enhance resilience to asymmetric shocks. This policy brief offers concrete recommendations, including improving credit allocation mechanisms, increasing support for SMEs, and fostering closer collaboration between BEAC, national governments, and commercial banks. In conclusion, an integrated and coordinated approach is essential to building a robust, inclusive, and sustainable regional economy.
Topic:
Fiscal Policy, Regional Economy, Liquidity, and Bank of Central African States (BEAC)
Political Geography:
Africa

9. Promoting the Implementation of the African Continental Free Trade Area (AfCFTA) in Cameroon

Author:
Nkafu Policy Institute
Publication Date:
12-2024
Content Type:
Working Paper
Institution:
The Nkafu Policy Institute
Abstract:
The African Continental Free Trade Area (AfCFTA) represents a transformative opportunity for African nations, aiming to establish a unified continental market for goods and services, enhance intra-African trade, and promote economic growth and development. As Cameroon embarks on this ambitious journey, it is essential to acknowledge the significant role that trade plays in our national development strategy. This report, titled “The Next Decade: Leveraging Trade for Cameroon’s Development,” serves as a comprehensive exploration of the policies, strategies, and partnerships necessary to fully harness the potential of the AfCFTA. In the coming decade, Cameroon has the opportunity to establish itself as a regional leader in trade and economic integration. This report emphasizes the significance of public-private partnerships and foreign direct investment as essential components in achieving this objective. By analyzing successful case studies from other countries, we can extract valuable lessons that will guide our approach to effectively implementing the African Continental Free Trade Area (AfCFTA). Our commitment to strengthening infrastructure, enhancing regulatory frameworks, and promoting local industries will be crucial in creating a favorable environment for trade and investment. As we move forward, it is imperative that all stakeholders—government, private sector, civil society, and academia—collaborate to create a unified strategy that aligns with our national development objectives. Together, we can unlock the immense potential of the African Continental Free Trade Area (AfCFTA), driving sustainable economic growth and improving the livelihoods of all Cameroonians. This report serves as a call to action for all of us to actively engage in shaping the future of trade in Cameroon. Let us seize this moment and work collectively towards a prosperous and integrated African economy.
Topic:
Economic Growth, Free Trade, Regional Economy, and African Continental Free Trade Area (AfCFTA)
Political Geography:
Africa

10. Energy Transition in the Eastern Mediterranean: Turning the East Mediterranean Gas Forum (EMGF) into a Regional Opportunity

Author:
Ioannis N. Grigoriadis and Deniz Çetin
Publication Date:
02-2024
Content Type:
Policy Brief
Institution:
Hellenic Foundation for European and Foreign Policy (ELIAMEP)
Abstract:
This paper advocates a holistic approach transcending traditional energy security concepts, including a shift towards renewables, establishing regional energy markets, and focusing on cooperation rather than competition for long-term sustainability and socioeconomic development. The Eastern Mediterranean, identified as a hotspot of climate change is characterized by unsustainable energy practices, driven by high energy demand, low efficiency, and reliance on fossil fuels, which contributes to environmental and economic challenges. There is a need for the Eastern Mediterranean to transition to green energy, as a solution to energy problems and climate change risks. The European Union can play a key role in supporting this transition, aligning with the goals set on the European Green Deal and fostering cooperation with and among the Mediterranean states. The potential role of the East Mediterranean Gas Forum in regional energy cooperation is crucial. Expanding its scope beyond natural gas to renewable energy should emerge as a key priority.
Topic:
European Union, Renewable Energy, Regional Economy, and Energy Transition
Political Geography:
Eastern Mediterranean