Klaus R. Kunzmann, 2010

It is realistic to assume that the European space will have to face further spatial polarization, European wide, nationally and regionally. A few prosperous metropolitan city regions will remain the headquarters of the financial world and the arena of the players in the capital market, while regions, which represent the geographical and social peripheries of Europe will hardly have a chance to catch-up and escape from their lagging status. European and national policies, aiming to address spatial disparities under the banner of European and national cohesion policies, will suffer from budget constraints and increasing nationalist or regionalist policy moods. Action at the various tiers of planning and decision-making in Europe will be subordinated under the label of financial consolidation and reduction of debts.

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