Zdolność projektów JESSICA do oddziaływania na procesy rynkowe w miastach

Piotr Idczak , Ida Musiałkowska , Karol Mrozik

Abstract

JESSICA initiative as a financial engineering instrument was introduced to enhance and accelerate investments in disadvantaged urban areas. The novel aspect of JESSICA is that this instrument should not only support and promote sustainable urban development but also provide incentives that lower risk capital investments and consequently allow to overcome existing market failures. Thus, the paper aims to identify whether JESSICA projects have contributed to generating positive market effects, as well as to indicate the factors that were most responsible for the occurrence of these phenomena. The results show that 75% out of all projects generated positive market effects in form of new jobs, services or products. The generation of revenues by particular project was the most influential factor determining the capacity of a given project to create positive markets effects.
Author Piotr Idczak (WGM / KE)
Piotr Idczak,,
- Department of European Studies
, Ida Musiałkowska (WGM / KE)
Ida Musiałkowska,,
- Department of European Studies
, Karol Mrozik - Uniwersytet Przyrodniczy w Poznaniu, MNiSW [80]
Karol Mrozik,,
-
Other language title versionsThe Ability of JESSICA Projects to Influence the Market Processes in Cities
Journal seriesBiuletyn Komitetu Przestrzennego Zagospodarowania Kraju PAN, ISSN 0079-3493, (0 pkt)
Issue year2019
No274
Pages202-222
Publication size in sheets1
Keywords in Polishinstrumenty inżynierii finansowej, JESSICA, rewitalizacja, zrównoważony rozwój miast
Keywords in EnglishFinancial engineering instruments, JESSICA initiative, regeneration, sustainable urban development
URL http://journals.pan.pl/dlibra/publication/131028/edition/114442/content
Languagepl polski
Score (nominal)5
Score sourcejournalList
ScoreMinisterial score = 5.0, 06-04-2020, ArticleFromJournal
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