Cross-Border cooperation in the Rhine-Meuse region: Aachen (D) and Heerlen (NLs). Some considerations from a law and economics perspective on a future European Grouping of Territorial Cooperation

This article considers the role of land in (regional) development and the financing of such development. Specifically the article reflects on the application of legal provisions relating to the use of land and development, including considering how fiscal instruments can be used to promote economic development in a cross-border legal entity. The article concludes with recommendations as to how cross-border economic development can be improved. The article takes as its starting point the intention of the regions of Parkstad Limburg (NLs) and Aachen (GER) to establish a European Grouping for Territorial Cooperation (EGTC), with a view to promoting cross-border economic and spatial development.