Territorial Cohesion, Economic Growth and the Desire for European 'Balanced Competitiveness'

EU spatial policy upholds the need to proactively counterbalance the negative effects of increased inter-European competitiveness brought about by the 'single market' and globalisation. As global economic integration continues to create interdependences among nations and localities, compet...

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Bibliographic Details
Published in:Town planning review 2005, Vol.76 (1), p.69-80
Main Authors: Tewdwr-Jones, Mark, Mourato, João Morais
Format: Article
Language:English
Subjects:
Competition
Competitiveness
Cooperation
Economic competition
Economic development
Economic growth
Economic policy
Economic regions
Economic trends
Environmental policy
EU accession
EU directives
Europe
Finance
Financial investments
Foreign investment
Global economy
Globalization
Investment policy
Planning methods
Regional integration
Regional planning
Regions
Social cohesion
Socioeconomic development
Spatial analysis
Sustainable development
Territorial issues
Territories
Territory
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Summary:EU spatial policy upholds the need to proactively counterbalance the negative effects of increased inter-European competitiveness brought about by the 'single market' and globalisation. As global economic integration continues to create interdependences among nations and localities, competition for scarce inward investment continues to intensify. As these economic trends continue, and as spatial planning takes on growing significance within the EU, there remains uncertainty about the role of spatial policy in the inward-investment process. The market and competition-oriented spatial development content of the ESDP questions the coherence and effectiveness of this spatial strategic document in tackling the EU economic development ethos. This paper addresses how spatial planning contributes to the competition for foreign direct investment and provides an invaluable window onto the articulation of global and local economic and political processes, drawing conclusions on the concept of territorial cohesion, balanced competitiveness and the implications for European spatial development.
ISSN:0041-0020
1478-341X
DOI:10.3828/tpr.76.1.6