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Regions Matter: Economic Recovery, Innovation and Sustainable Growth Product Image

Regions Matter: Economic Recovery, Innovation and Sustainable Growth

  • ID: 1200015
  • December 2009
  • 198 pages
  • OECD Publishing

Why do some regions grow faster than others, and in ways that do not always conform to economic theory? This is a central issue in today’s economic climate, when policy makers are looking for ways to stimulate new and sustainable growth.

OECD work suggests that there is no one-size-fits-all answer to regional growth policy. Rather, regions grow in very varied ways and the simple concentration of resources in a place is not sufficient for long-term growth. This report draws on OECD analysis of regional data (including where growth happens, country-by-country), policy reviews and case studies. It argues that it is how investments are made, regional assets used and synergies exploited that can make the difference. Public investment should prioritise longer-term impacts on productivity growth and combine measures in an integrated way. This suggests an important role for regional policies in shaping growth and economic recovery policies, but also challenges policy makers to implement policy reforms.

Summary of Key Policy Messages
Chapter 1. Understanding and Explaining Regional Growth
Chapter 2. A More Effective Approach to Promoting Sustainable Regional Growth
Chapter 3. Policy Implementation and Governance
Chapter 4. Where Growth Happens: Patterns of Regional Growth - Country by Country
  - Australia
  - Austria
  - Belgium
  - Canada
  - Czech Republic
  - Denmark
  - Finland
  - France
  - Germany
  - Greece
  - Hungary
  - Ireland
  - Italy
  - Japan
  - Korea
  - Mexico
  - The Netherlands
  - Norway
  - Poland
  - Portugal
  - Slovak Republic
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Kingdom
  - United States

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