In the emerging post-COVID context, the future competitiveness of regions will depend on their capacity to address deep transitions in their industries, taking advantage of the opportunities of Next Generation EU and achieving the SDGs of the 2030 Agenda.
At Orkestra, we believe that this situation represents an ideal moment for an in-depth reflection on the framework with which we analyse the competitiveness of the Basque Country and to carry out a diagnosis of the starting situation of our region in the face of these challenges. For this reason, the report that we will present at the next Competitiveness Conference with the collaboration of the SPRI Group will explore:
- What are the bases of the Basque Country's strategy? We review the region's strategy over the last decade and the keys to its success.
- How are we doing in terms of competitiveness and wellbeing? We analyse the dimensions of wellbeing and economic and business performance and review the main levers of our competitiveness.
- How can we put the focus on people's wellbeing in competitiveness analyses? We have reformulated our framework for measuring territorial competitiveness.
1. How did we get here?
Estrategia territorial del País Vaco: aprendizajes y restos para las grandes transiciones
In this report we explore the key features of the Basque Territorial Strategy over the last decades and draw some lessons for other territories seeking to build long-term resilient economic development. In addition, we reflect on the new challenges we are facing in the post-COVID context.
2. How are we doing in terms of competitiveness and wellbeing?
The Basque Country Competitiveness Report is an annual opportunity to analyse the competitiveness of the region and identify its challenges; to detect trends, opportunities and threats; and to influence debates and decision-making processes.
On November 24 the 2021 Competitiveness Conference will take place, where the main conclusions of the report will be presented. A presentation will also be given by Andrés Rodríguez-Pose, Professor of Economic Geography and Princess of Asturias Chair at the London School of Economics (LSE).
The event will take place at the Kursaal in Donostia-San Sebastian and will be streamed live on Youtube. In both cases, prior registration is required.
3. Reformulating our framework for analysing territorial competitiveness
At Orkestra, we have been developing a framework for analysing territorial competitiveness over the past 12 years, through which we have monitored the situation and evolution of the Basque Country. However, due to two reasons we have decided to review this framework in depth and reformulate it.
- The need to ensure that the competitiveness in territories is designed to improve people's wellbeing.
- The importance of not just measuring competitiveness in the short term, but integrating the long-term picture, while addressing the challenges and opportunities presented by the three major transitions.
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