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Content archived on 2024-06-18

Growth And Sustainability Policies for Europe

Objective

Growth And Sustainability Policies for Europe (GRASP) addresses European policy concerns associated with growth within a comprehensive yet coherent analytical framework. This framework is built on Aghion’s version of the Schumpeterian growth approach. It emphasizes quality-improving innovation in imperfectly competitive markets, but suggests optimal growth policy may depend as well on levels of technological (and financial) development, and on seemingly unrelated, yet relevant policies. The approach provides a multi-layered vision of the policy drivers of growth. The five layers address gaps in current European research on growth: R&D (the Lisbon focus); structural economic reform; legal, institutional and organizational reforms; global commitments, and the fiscal policy. The first layer focuses on economic assessments of innovation (property rights and incentive issues). The structural economic reform layer focuses on sectoral (infrastructure, education and social) and regional policies. The third layer examines the interactions between the law, institutions, and the drivers of innovation. Global commitment looks at trade policies and global environmental commitments. The fiscal layer focuses on government finance of any public good component of these layers and their effectiveness in contributing to growth. Each layer provides a multidisciplinary diagnostic of the quality of growth-related policies. Combining them allows us to construct a full “Schumpeterian growth diagnostic” to assess the effectiveness of public policies, and the adequacy and sustainability of growth in Europe. The GRASP consortium brings together theorists, applied econometricians, and institutional (law, politics and economics) researchers to pursue complementary, state-of-the-art analyses. CEPR’s unrivalled expertise in organizing pan-European research collaboration further strengthens the GRASP consortium.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

FP7-SSH-2009-A
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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

CP-FP - Small or medium-scale focused research project

Coordinator

THE CENTRE FOR ECONOMIC POLICY RESEARCH
EU contribution
€ 665 600,00
Address
33 GREAT SUTTON STREET 2ND FLOOR
EC1V 0DX LONDON
United Kingdom

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Region
London Inner London — East Haringey and Islington
Activity type
Research Organisations
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

No data

Participants (5)

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