Nordregio is an international research institute established by the Nordic Council of Ministers

Location: The 1040 – Brasserie and Rooftop Bar, Pl. Jourdan 1, 1040 Etterbeek – Maps (part of Sofitel). 

Time: 18:00-19:00 CET

Join us for a welcome drink ahead of the conference to meet some of the speakers and team behind PREMIUM_EU. This reception is informal and a great way to connect with peers. Please note that drinks are at your own expense. 

More than economics: A broader view of regional development

Regional development is one of the EU’s key strategies for improving equality and living standards across Europe. But what exactly does regional development mean, and how can we approach it?

Historically, regional development has long been approached as economic development. In the PREMIUM_EU project, we see regional development as much more than economic growth alone. It is a broad, interconnected concept that includes social conditions, the quality of living environments, political contexts, and demographics alongside those ever-important economic factors.

In the presentation, we illustrate why this wider perspective is especially valuable for rural regions. It highlights new ways of understanding their development and opens up possibilities for different policy strategies that better match their specific needs and opportunities.

Is infrastructure enough? The case of decline in the Faroe Islands

Over the last six decades, the Faroe Islands, an 18-island archipelago in the North Atlantic, undertook a massive road construction project. The project included building many tunnels, the first of which opened in 1963, and sub-sea tunnels; the most recent one was inaugurated in December 2024. Transport infrastructure lies at the foundation of the country’s development, and ferry lines have been progressively replaced by fixed links regardless of socio-economic conditions, such as the economic and demographic collapse after the crash of the fisheries in the early 1990.

This talk investigates the archipelago’s spatial and regional development over the last six decades to determine whether road expansion has contributed to the demographic sustainability of communities. This is done by analysing the development of transport infrastructure and its impact on population change at the regional, island, and village levels. Results show that fixed links have been critical in connecting distant villages and islands together across the archipelago. Yet, the few exceptions of the so-called ‘outer islands’ demonstrate that tunnels alone have been insufficient to achieve a demographically balanced country. While the Faroe Islands have a unique physical geography, there are lessons for other remote rural regions facing accessibility challenges.

This panel looks closer at the balancing act behind attraction strategies. The classics are there: jobs, housing, infrastructure. But how do you cultivate a sense of belonging and a high quality of life in smaller towns and remote places? And what can rural regions learn from each other?