@book {4280,
	title = {Successes \& Failures in EU Cohesion Policy: An Introduction to EU cohesion policy in Eastern, Central, and Southern Europe},
	year = {2020},
	pages = {208},
	publisher = {De Gruyter},
	organization = {De Gruyter},
	address = {Berlin/Warsaw},
	abstract = {Regions in the EU{\textquoteright}s Eastern and Southern peripheries tend to perform badly across many rankings from economic development, to quality of government,social justice and innovation potential, despite the fact that the vast majorityof EU structural funding has been spent in these countries. However, these countries followed different development trajectories and reacted differently to the economic crisis. Some of them still struggle, others thrive, others, afteryears of structural transformation, are stuck in a middle-income trap.Successes and failures as a result of EU cohesion implementation are avaluable source of feedback for future plans. Southern part of the EU, and Central and Eastern Europe provide an excellent opportunity to evaluatethem, The whole implementation exercise is sometimes challenging to accomplish, as both the public and private sectors have low absorption capacity. In contrast, positive experiences also emerged. Regions in Central and Eastern European countries witnessed improvements in the form of change in GDP per capita, benchmarked against the EU average during theyears 2008-2015, while Southern Europe improved similarly between 2000-2008. In this volume, the authors cover a variety of aforementioned problems and experiences of either all member states, with special attention to peripheral countries, or to sectoral or regional problems in selected countries. The book begins with an overview of the issues of economic convergence and quality of life in all member states. It also addresses political aspects of EU cohesion policy, including involvement of civil society into this public policy, as well as relationships between cohesion policy support and EU identification. The final section discusses an important novelty in the framework of EU cohesion policy, namely the JESSICA initiative, that is, an instrument offering repayable and recyclable funding targeted at economically-viable and sustainable urban development projects. Authors are engaged in research on EU cohesion policy and represent severaldisciplines: economics, political and social sciences.},
	keywords = {Central and Eastern Europe, cohesion policy, convergence, EU funds, European Union, regeneration, Southern Europe},
	issn = {978-83-957204-4-4},
	doi = {10.1515/9788395720451},
	url = {https://www.degruyter.com/view/title/580682?language=en},
	author = {Ida Musia{\l}kowska and Piotr Idczak and Oto Potluka}
}
@article {4186,
	title = {Zdolno{\'s}{\'c} projekt{\'o}w JESSICA do oddzia{\l}ywania na procesy rynkowe w miastach},
	journal = {Biuletyn KPZK},
	volume = {273/274},
	year = {2019},
	month = {10/2019},
	pages = {202-222},
	chapter = {202},
	abstract = {<p style="text-align: justify;">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.</p>},
	keywords = {financial engineering instruments, JESSICA initiative, regeneration, sustainable urban development},
	issn = {0079-3493},
	url = {http://journals.pan.pl/dlibra/publication/131028/edition/114442/content},
	author = {Piotr Idczak and Ida Musia{\l}kowska and Karol Mrozik}
}
@article {4046,
	title = {Ocena dopasowania projekt{\'o}w realizowanych w ramach inicjatywy Jessica do potrzeb wyst{\k e}puj{\k a}cych na obszarach miejskich},
	journal = {Studia KPZK},
	volume = {184},
	year = {2018},
	month = {11/2018},
	pages = {233-246},
	chapter = {233},
	abstract = {<p style="text-align: justify;">Regeneration {\textendash} an integrated process of activities undertaken in the spatial, social and economic dimensions should lead to the improvement of the living conditions of inhabitants of degraded urban areas. The European Union in 2007-2013 allocated financial resources for this purpose in the form of JESSICA initiative which is based on financial engineering mechanism. Experiences gained so far allow conclusions to be drawn that JESSICA is a highly financially-efficient instrument but, however, not always delivers the desired outcomes in the spatial and social sphere. The scope of projects often is limited to infrastructural investments and does not reflect the complexity of regeneration process. In the article the authors analyse experiences of the five Polish regions with the use of JESSICA, point out main problems and formulate recommendations for sustainable urban policy.</p>},
	keywords = {financial engineering instruments, JESSICA, regeneration, sustainable urban development},
	isbn = {978-83-63563-51-6},
	issn = {0079-3493},
	url = {http://journals.pan.pl/dlibra/publication/125745/edition/109724/content},
	author = {Ida Musia{\l}kowska and Piotr Idczak}
}
@inbook {3924,
	title = {The use of repayable financial instruments in the process of regeneration of degraded urban areas on the example of the JESSICA initiative},
	booktitle = {Changes and Challenges in the Modern World Economy},
	volume = {1},
	year = {2016},
	pages = {115-136},
	publisher = {PUEB Press},
	organization = {PUEB Press},
	edition = {1},
	address = {Pozna{\'n}},
	keywords = {EU funds, financial instruments, JESSICA, Poland, regeneration, urban areas, Wielkopolskie},
	isbn = {978-83-7417-918-8},
	url = {https://depot.ceon.pl/handle/123456789/12083},
	author = {Ida Musia{\l}kowska and Piotr Idczak}
}
