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Two years after the inception of the fourth programming period, the debate on   post-2013 cohesion policy has already been launched. In fact, public   consultation was launched in 2007 and considerable steps have followed since   then, while others are about to start. At the same time, the new strategic   guidelines and rules that guide cohesion policy have only been in place for a   short period and as yet their impacts are not clear. Critical events and   major political issues that concern the whole EU structure are the main   factors behind this evolution. In particular, the economic recession in   addition to the prospects for the new EU Treaty could be considered decisive   elements in the launch of the debate on future cohesion policy. More   specifically, among the issues highlighted in this context are the   distinction between efficiency and equity objectives, the need for a   place-based strategy, high growth sectors and their contribution to cohesion,   and the potential for creativity and innovation. Overall, it seems like old   dilemmas of spatial development recur, while contemporary ones also gain   ground. The outcome of this debate is of significant importance for all EU   regions not only in budgetary terms, but also in terms of strategic policy   goals. This paper examines the above future policy issues with an emphasis on   regions faced with particular difficulties such as less favored regions as   well as those in the EU periphery

Towards re-reforming the EU cohesion policy: Key issues in the debate and some thoughts on peripheral regions