The recovery and resilience facility: key innovations and the interplay with cohesion policy


Corti, Franceso ; Pedralli, Matteo ; Pancotti, Chiara


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URN: urn:nbn:de:bsz:180-madoc-677224
Document Type: Working paper
Year of publication: 2024
The title of a journal, publication series: ZEW Discussion Papers
Volume: 24-040
Place of publication: Mannheim
Edition: 1895263964
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Keywords (English): performance-based budgetng , recovery and resilience facility , cohesion policy , EU funding governance
Abstract: With the aim of contribu,ng to the ongoing discussions on the future of post-2027 Cohesion Policy (CP), this chapter delves into the func,oning of the Recovery and Resilience Facility (RRF). It examines the interplay between the RRF and CP, illustra,ng their respec,ve governance structures, the key strengths of the RRF, the main obstacles to its implementa,on, and the interac,on between the two instruments. The chapter concludes that the RRF can provide at least two sources of inspira,on for the future of CP and EU public investment policies: the performance-based payment mechanism and the link between reforms and investments.




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