'Doing more with less' or 'doing less with less'? Assessing EU cohesion policy's financial instruments for urban development

In the context of a severe economic crisis and austerity, new ideas were put forward to reform cohesion policy to enhance its effectiveness and the return on investment. Among them, financial engineering instruments, such as JESSICA, expected to offer a means to ‘do more with less’ in this difficult budgetary context. In the case of such...

The 'Beograd na vodi' masterplan, Belgrade's latest identity make over

Foreign investment by the United Arab Emirates in the 'Beograd na vodi' master plan sets the stage for the largest urban development in the Serbian capital since the planning of Novi Beograd. While the government embraces the plan as an instrument to spur economic growth in Serbia, critics are more cautious and warn for clichéd corporate...