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Engineering Multilevel Governance? Joint European Support for Sustainable Investment in City Areas (JESSICA) and the Involvement of Private and Financial Actors in Urban Development Policy

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  • Marcin Dąbrowski

Abstract

Dąbrowski M. Engineering multilevel governance? Joint European Support for Sustainable Investment in City Areas (JESSICA) and the involvement of private and financial actors in urban development policy, Regional Studies . Joint European Support for Sustainable Investment in City Areas (JESSICA), one of the financial engineering instruments (FEI) within European Union cohesion policy framework in the 2007-13 period, created scope for developing cooperation between sub-national authorities and financial institutions and private investors. Anchored in the literature on multilevel governance, this paper examines how the implementation of this instrument has affected the patterns of sub-national governance in Poland and Spain. Despite stimulating learning processes and the emergence of unprecedented cross-sectoral partnerships, the implementation was hampered by numerous obstacles, underlining the limitations of multilevel governance and of FEI as tools for promoting urban development.

Suggested Citation

  • Marcin Dąbrowski, 2014. "Engineering Multilevel Governance? Joint European Support for Sustainable Investment in City Areas (JESSICA) and the Involvement of Private and Financial Actors in Urban Development Policy," Regional Studies, Taylor & Francis Journals, vol. 48(12), pages 2006-2019, December.
    • Handle: RePEc:taf:regstd:v:48:y:2014:i:12:p:2006-2019
    DOI: 10.1080/00343404.2014.914625
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