By Roberta Capello, Roberto Camagni, Barbara Chizzolini, Ugo Fratesi (auth.)

Tackling the query of what the eu territory will appear like over the subsequent fifteen years, this quantity presents quali-quantitative territorial situations for the enlarged Europe, less than various assumptions on destiny globalisation options of BRIC (Brazil, Russia, India and China) and East and West ecu nations. The process is as impartial as attainable vis-� -vis the consequences, resulting in a brand new forecasting version, the MASST version, equipped via the authors, to supply the developments and behavioural paths of local GDP and inhabitants progress in every one person eu zone lower than substitute assumptions at the competitiveness concepts of other blocks of nations. the consequences are observed by way of robust coverage messages meant to motivate long term strategic considering between a variety of actors, scientists and coverage makers based on the hazards and possibilities that the eu territory will face.

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1 – which are strictly micro-behavioural and territorial in nature – regional development is fundamentally dependent on a concentrated organization of the territory which endogenously nourishes an innovative and successful socio-economic and relational system: entrepreneurial ability, local production factors, relational skills generating cumulative knowledge-acquisition, and, most importantly, a decision-making and a governance capability. Space becomes a source of increasing returns, and of positive externalities taking the form of agglomeration and localization economies.

3 Regional Development Theories: Social Overhead Capital, New Technologies and Accessibility (II) Subsequently to the theories presented above, and in partial reaction to them, important theoretical advances were achieved in formulating a more modern definition of growth. No longer linked to the neoclassical interpretation of growth as an increase in individual well-being, nor to the Keynesian interpretation of a shortterm increase in employment and income, regional growth became a matter of achieving a competitive position in the international division of labour, and of maintaining it through time.

2001. 21 The concept of proximity gave rise to a school of thought in France which analysed the relatively greater importance for local development of organizational and cultural proximity compared with geographical proximity. The French school’s notion of ‘organizational and cultural proximity’ and the one proposed here of ‘relational proximity’ have many features in common. , 1993; Rallet and Torre, 1998. 22 On this approach, see the Danish school and its concept of the ‘learning region’: among others, Lundvall, 1992; Lundvall and Johnson, 1994.

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