Taranco was educated at Cornell University and the Massachusetts Institute of Technology, where he studied first economics and then urban-regional economicplanning.
The report places great emphasis on the regional framework for conflict resolution and economicplanning, privileging it over local, national and international frameworks.
Last week, it produced a report recommending that a regional assembly should take charge of most regional public spending and make decisions about economicplanning and development, transport, training, health and the arts.