The European Union has reached a critical juncture in dealing with the fallout from the 2008 financial meltdown that started in the USA and spread to engulf banks and the financial markets of Europe. The ensuing recession or stagnation in many member countries was compounded by austerity...

The study compares regional policies of China, Brazil, ASEAN and MERCOSUR with the EU's cohesion policy to inspire the policy debate on its future after 2020. Despite the fact that these countries differ significantly from the EU, they attach great importance to territorial policies and provide...