European funds in support of responsible development

Past events

Piotr Arak, dyrektor Polskiego Instytutu Ekonomicznego, wziął udział w konferencji, która odbyła się 28 listopada 2018 roku w Brukseli.

The economic landscape in Europe has changed over the last decades. The global financial crisis of 2008 and the subsequent European sovereign debt crisis, revealed serious flaws in the institutional design of the European economic architecture. Within the euro area, country performances have diverged with some countries experiencing still very high unemployment. By contrast, the new Member States from Central and Eastern Europe have maintained growth and are continuing to catch up.

At the same time, their governments, including the Polish one, are considering new models of socio-economic policy where growth and economic development are as important development goals as territorial and social inequalities. In Poland, this new paradigm is being implemented under the name Strategy for Responsible Development – an operationalization of the so called Morawiecki Plan. Based on 6 principles which organize the process and are linked to the role of state, of cooperation or the role of investments and savings and demographic changes, the Strategy aims at securing Poland from 5 development traps: of middle income, imbalance, average product, demographic and institutional weakness.

Increasing territorial and social inequalities seem to constitute a megatrend, which operates at the European and worldwide level. The event will thus start with a keynote, which will give an overview of European and global trends regarding wealth and income inequality.

The keynote will be followed by two panels:

The « Responsible development » panel will tackle the problems like:

  • What does it mean – responsible economic policy?
  • What are the responses prepared in different EU investment/budgetary tools?
  • What are the development trends at regional and local level?

Finally, the panel «Economic development» will discuss the following questions:

  • What are the biggest challenges to convergence in and outside the eurozone until 2030?
  • How and which investments bring responsible development?
  • What should be the pillars of the new EU economic development strategy if the new Commission decides to propose one?

Piotr Arak, director of Polish Economic Institute, will participate in the panel.

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