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Territorial Review Copenhagen - Region Hovedstaden

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fair list of actions to be taken, but it is not always clear what the urgent<br />

priorities are. They are comprehensive, in that they mention all the elements<br />

that could possibly bring their vision closer, but are not necessarily holistic.<br />

Although ―you can have it both‖ might express neatly the sentiment of many<br />

people in <strong>Copenhagen</strong> and could be a viable strategy to combine several<br />

policy aims, there are policy trade-offs in certain areas. One of these tradeoffs<br />

is maintaining a welfare state (with correspondingly high taxes), versus<br />

fostering a more entrepreneurial city (and country). In many cases, these<br />

trade-offs are slightly more subtle, in that the accumulation of policy goals<br />

may dilute political attention and funds from the key determinants of<br />

<strong>Copenhagen</strong>‘s competitiveness, such as the attraction of highly skilled<br />

labour. Becoming the environmental capital of Europe, for example, may be<br />

a laudable goal, but its relevance for attracting highly skilled foreign labour<br />

will be limited. Recent campaigns to attract international businesses and<br />

tourists do not preclude the attraction of highly skilled foreign labour, but<br />

they can be of only modest importance if they are not explicitly and<br />

simultaneously geared towards that goal. Stimulating creative sectors in<br />

<strong>Copenhagen</strong> may be a way to make <strong>Copenhagen</strong> more attractive, but it is not<br />

clear that the stimulation package has been designed with the demands of<br />

highly skilled foreign labour in mind. Finally, although the overall visions<br />

formulated are ambitious in scope, they are less far-reaching in their actual<br />

targets. A global instead of a European benchmark might have expressed<br />

more vision.<br />

A key challenge for <strong>Copenhagen</strong> is the shortage of highly skilled labour,<br />

as was argued in Chapter 1. Although this is mentioned in the different<br />

strategies, it is not clearly identified as the force that should drive the<br />

region‘s main initiatives. As mentioned above, strategies for solving the<br />

shortage of skilled labour should focus on making better use of the current<br />

population, such as getting students to work earlier, making better use of<br />

immigrants‘ capabilities, but also by attracting highly skilled foreigners.<br />

Competition for these highly skilled foreigners is intense and can be<br />

considered global. The ambition to be the most attractive metropolis in<br />

Northern Europe is somewhat modest, considering the global scale of flows<br />

of highly skilled labour. The strategic visions do not explicitly celebrate the<br />

innovative effects of cultural diversity, as for example Toronto has done in<br />

its economic competitiveness strategy. The following sections will focus on<br />

the main sectoral issues mentioned in these strategies, in order to assess the<br />

implementation of the strategies for the metropolitan area.

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