Ida Musiałkowska - Böcker

This engaging and topical book comprehensively explores the complexities surrounding the EU Cohesion Policy, which has been addressing regional and urban development across Europe since the 1980s. Adopting a multidisciplinary approach, it considers the goals of this long-term investment policy, which is to reduce territorial disparities between Member States and their regions, and its role in the European integration process.Bringing together contributions from an interdisciplinary team of eminent scholars and policy practitioners, chapters offer expert analysis of the disciplinary genealogies of the EU Cohesion Policy, its contemporary issues, and perceptive reflections on its future. The book provides keen insights into current academic-policy debates, and a deeper understanding of the EU Cohesion Policy’s achievements. The expert’s insights contribute to the debate that this policy must face to address the most pressing European challenges. Each chapter includes different perspectives ranging from political, economic and legal to the urban and social dimensions and investigates ways to boost research-policy dialogue on Cohesion Policy.Offering a forward-thinking account of the topic, this timely book will be welcomed by students, academics, researchers, and policymakers alike in disciplines including human geography and geopolitics, European politics and policy, economics, public policy, and urban and regional studies.

This theoretically rooted and research-based book provides insights on the JESSICA funding model which – unlike the traditional non-repayable aid – focuses on supporting sustainable urban development projects in a repayable and recyclable way. Looking through the lens of the JESSICA financial engineering mechanism used in urban transformation, it examines the functioning and performance thereof and formulates policy recommendations for the future. The aim of this volume is to contribute to a deeper understanding of the JESSICA sustainable funding model by exploring its repayable assistance mechanism to support sustainable urban development projects. The authors make several noteworthy contributions to the literature on EU cohesion policy and shed light on the use of the repayable instruments within public interventions, while providing, for the first time, a critical analysis of the JESSICA sustainable funding model from the holistic perspective which is especially relevant for supporting sustainable urban development. Financial Engineering in Sustainable Funding of Urban Development in the EU provides policy-significant findings that are important for EU cohesion policy in the field of repayable assistance to be reinvested in the long term in urban and regional transformation.