Regional Development Policies
Bibliographic Data
| ID | 23710684 |
|---|---|
| Authors | Graham Meadows (0000-0002-3227-815X, corresponding author) |
| Year | 2017 |
| Pages | 1-20 |
| Publication date | 2017-03-06 |
| Open Access | Yes |
| Type | CHAPTER |
| Venue | International Encyclopedia of Geography (SOURCE_BOOK) |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/9781118786352.wbieg0866 |
| OpenAlex | W3015885991 |
| ISBN | 9781118786352 |
| Language | EN |
| References cited | 10 |
Regional development policies aim to reduce socioeconomic inequalities by stimulating development and can apply to a subset or all of a country's regions. They redistribute public finance spatially; can be decentralized tools for area regeneration and geographically based instruments for growth; and can operate in globalized markets. They consist of priority objectives, a multigovernance implementation system, a dedicated budget and a set of preferences regarding project content. This entry discusses the evolution of such policies, using European Union regional policy as an illustration. Regional policy is a volatile field – issues frequently arise, like quality of governance; link between policy interventions and free‐market ideologies; its classification as a macro‐economic policy instrument; definition of a region; how to measure progress; evaluation; and transferability of development know‐how. The entry concludes that regional development policy's spatial targeting offers macro‐economic policymakers a useful and additional instrument, especially when privatization has depleted the range of possible public investments.
Business · Corporate governance · Economic growth · Economic policy · Economics · European union · Geography · Macro · Political science · Public economics · Public policy · Regional Policy · Regional science · Finance · Fiscal Policy and Economic Growth · Local Government Finance and Decentralization · Regional Development and Policy
| Highly cited | No |
|---|