This project is led by RAND Europe, and the CSRC participates through ELSE.

The primary objective is to produce a rich library of scenarios that combine informed and consistent assumptions about the New Economy; a coherent set of key issues relevant to European policy; assumptions about key actors; closely integrated state-of-the-art projections; and an assessment of the implications. The second objective is creation of integrated tools for supporting scenario and policy development and analysis: specific models of the networked economy, social fabric and resource utilisation; sensitivity analysis, scenario screening and development and gaming tools; and a database of inputs, New Economy indicators and system outputs. The third objective is an active societal discourse to engage the wider world in project activities and support preservation and enhancement of European values, institutions and interests in the context of the globalising New Economy. The end result should be a sound base for European policy deliberations and an enhanced role for European values and the European model on the world stage