Title:

Is the JESSICA initiative truly repayable instrument? The Polish case study

Group publication title:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Title in english:

Czy inicjatywa JESSICA jest instrumentem zwrotnym? Przykład Polski

Creator:

Musiałkowska, Ida ; Idczak, Piotr

Subject and Keywords:

JESSICA ; regeneration ; revenue-generating projects ; cohesion policy ; Poland ; rewitalizacja ; projekty generujące przychód ; polityka spójności ; Polska

Description:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2018; Nr 536, s. 143-151

Abstrakt:

The JESSICA initiative introduced under the EU Cohesion Policy as revolving instrument, aimed at the regeneration processes and sustainable development of the cities. One of its main assumptions was to increase efficiency and effectiveness of the projects supported by JESSICA. The paper aims to identify whether all the projects implemented in Poland in the years 2007-2015 bring revenue and whether there is a relationship between the amount of the JESSICA loans/projects and the legal form of beneficiaries. The Polish case study based on the analysis of all the projects implemented in the five regions reveals that not all the projects bring revenues from their main operations. The legal form of a beneficiary plays also an important role with regard to the size of the loan/the value of the projects and determines a type of the results (economic, social) achieved by the projects. Thus, the recommendations for policy-makers responsible for the implementation of JESSICA 2 can be formulated1.

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2018

Resource Type:

artykuł

Resource Identifier:

doi:10.15611/pn.2018.536.13

Language:

eng

Relation:

Alert dla polityki spójności – gospodarka, zrównoważony rozwój, konkurencyjność ; Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2018; Nr 536

Rights:

Pewne prawa zastrzeżone na rzecz Autorów i Wydawcy

Access Rights:

Dla wszystkich zgodnie z licencją

License:

CC BY-NC-ND 3.0 PL

Location:

Uniwersytet Ekonomiczny we Wrocławiu