Nadolu, Bogdan
Dincă, Melinda
Lucheş Daniel
Raceanu, Corina
Mykhnenko, Vlad
2020-03-30
<p>Timișoara is the third-largest city in Romania, located at the crossroads of the Bucharest–Budapest–Vienna–Belgrade transport corridor of the major European capitals. For two decades following the collapse of state socialism, the city had been shrinking, losing 50,000 inhabitants (14%) by 2008. Since then, <strong>Timișoara has bounced back</strong>. To confront future depopulation trends, the city has prioritised economic development by <strong>attracting strategic foreign direct investment </strong>(FDI). This policy brief showcases one of the successful solutions to foster urban resilience and propel sustainable development of the city of Timișoara as a <strong>growth pole</strong> of West Romania and a <strong>smart specialisation pioneer</strong> across the <em>Danube–Criș–Mureș–Tisa</em> Euro region (DKMT, formerly known as the <em>Banat</em>). Building on local knowledge and the stakeholders’ experience in implementing a strategic investor-driven smart specialisation strategy, the brief demonstrates how to develop a solid evidence base, design, and build a public policy for attracting new business investors, thus, contributing to a sustainable and diverse urban economy, with direct impact upon the broader metropolitan development.</p>
3S RECIPE is part of the Joint Programming Initiative (JPI) Urban Europe's ERA-NET Cofund Smart Urban Futures Call (ENSUF). This project has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 857160.
https://doi.org/10.5281/zenodo.3975955
oai:zenodo.org:3975955
Zenodo
https://doi.org/10.5281/zenodo.3975954
info:eu-repo/semantics/openAccess
Creative Commons Attribution 4.0 International
https://creativecommons.org/licenses/by/4.0/legalcode
smart
solutions
shrinking
cities
urban
futures
resilience
intervention
3S RECIPE – Smart Shrinkage Solutions: Timisoara (RO) Policy Brief #1. Resilient Urban Economy & Municipal Finance
info:eu-repo/semantics/report