a column by Gianmarco Ottaviano for VOX: CEPR’s Policy Portal
Economic geography strikes back. After a couple of decades of easy talk about the ‘death of distance’ in the age of globalisation, the promise of a world of rising living standards for all is increasingly challenged by the resilience of regional disparities within countries. As long as many people and firms are not geographically mobile – and those who are tend to be the most skilled and productive – easier distant interactions can actually strengthen rather than weaken agglomeration economies. Recent electoral trends in Europe can be understood to a surprisingly large extent from this angle.
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Showing posts with label new_economic_geography. Show all posts
Showing posts with label new_economic_geography. Show all posts
Thursday, 18 July 2019
Friday, 19 July 2013
Economic place making: policy messages for European cities
an article by Michael Parkinson and Richard Meegan (Liverpool John Moores University, UK) published in Policy Studies Volume 34 Issue 3 (May 2013)
Abstract
The global recession, Eurozone crisis and austerity programmes have had a huge impact upon the European economy and present even greater future threats. They have sharpened debates about policies for recovery and the role that different territories can play in this. In this context in particular they have encouraged a debate about the economic contribution of capital and non-capital cities and whether countries perform better if they concentrate their investment in their capitals or spread investment across a wider set of cities.
Drawing on the findings of a recently completed study of European second-tier cities and a review of the academic and policy literature on local and regional economic development, the paper argues the case for a ‘place-based’ approach to support second-tier cities across Europe.
The key policy messages of this approach for policy-makers at national and European levels are highlighted.
Abstract
The global recession, Eurozone crisis and austerity programmes have had a huge impact upon the European economy and present even greater future threats. They have sharpened debates about policies for recovery and the role that different territories can play in this. In this context in particular they have encouraged a debate about the economic contribution of capital and non-capital cities and whether countries perform better if they concentrate their investment in their capitals or spread investment across a wider set of cities.
Drawing on the findings of a recently completed study of European second-tier cities and a review of the academic and policy literature on local and regional economic development, the paper argues the case for a ‘place-based’ approach to support second-tier cities across Europe.
The key policy messages of this approach for policy-makers at national and European levels are highlighted.
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