Quo vadis, Cohesion Policy? European Regional Development at a Crossroads

Cohesion Policy seems to be on the backfoot: Given a raft of new policy priorities and tightening fiscal room to maneuver, a fundamental discussion on the relevance and future direction of Cohesion Policy is underway. In this Policy Paper, we give an overview of the debate on the future of Cohesion Policy with its various trade-offs.