Today the Commission and the Organisation for Economic Co-operation and Development (OECD) present a report on an initiative launched in 2017 to help 12 EU regions and Member States achieve industrial transition and hold their own in a globalised economy.
Teams of OECD and Commission experts worked with the regions and the two Member States to identify what was holding back job creation and growth in these areas. The goal was to reinforce their long-term development strategies based on areas of competitive strength – their ‘smart specialisation‘ assets. These strategies encompass social fairness, economic modernisation and climate ambitions.
Based on this experience, the report presents a toolkit for national and regional authorities, providing concrete solutions to address obstacles to industrial transition in five main priorities.
Commissioner for Neighbourhood Policy, Enlargement Negotiations and Regional Policy, Johannes Hahn said: “Prosperity and well-being at EU level start in our regions. For two years, teams of Commission and OECD experts have worked hand in hand with national and local actors to help them embrace innovation, decarbonisation, digitalisation and develop the skills needed for the jobs of tomorrow. These are the four cardinal points of a transition that gives a fair chance to everyone.” Continue reading “Commission and OECD present recommendations to help EU countries and regions achieve industrial transition”