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URBACT II Capitalisation: State of the Art New Urban Economies

European cities are confronted with a rapidly changing economy. The crisis has destroyed jobs across both service and manufacturing industries, and has revealed the shakiness of the financial service sector. Jobs get lost, some businesses become obsolete; yet, at the same time, new growth areas are emerging. In this dynamic economic landscape, what is the scope of action for local governments to steer urban economies? Should they “sit and wait” for changes to come and affect them, or is there room for pro-active urban policy to grasp emerging opportunities? If so, what is in their scope for action? How to act in a sustainable and integrative way? How can economic growth also be inclusive rather than benefitting just a small group?

Circular economy
Entrepreneurship & SMEs
Jobs and skills
Local Economic Development
Research & innovation
Social innovation


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