EU Industrial Policy and Convergent Development in EU Peripheries: An Assessment of the ‘Important Project of Common European Interest’ (IPCEI) Template
Henrique Lopes‐Valença
Abstract:Industrial policy has been enjoying a significant comeback. In the European Union (EU), ‘important projects of common European interest’ (IPCEIs) have become a template for a new, value chain‐oriented EU industrial policy. But what does this mean for convergence between ‘peripheral’ and ‘core’ member states? Based on the understanding that convergent development requires opportunities for ‘learning in production’ to accumulate the technological capabilities that are necessary for economic upgrading within valu… Show more
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