Regional Development Overview : Challenges, Adopted Strategies, and New Initiatives
Despite the increasing attention in recent years to the spatial dimensions of economic development, consideration of the importance of space and the recognition that macro, aspatial perspectives can prove to be misleading are not new. Around the wo...
Main Authors: | , , , |
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Format: | Working Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2019
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/776861573499597819/Regional-Development-Overview-Challenges-Adopted-Strategies-and-New-Initiatives http://hdl.handle.net/10986/32665 |
Summary: | Despite the increasing attention in
recent years to the spatial dimensions of economic
development, consideration of the importance of space and
the recognition that macro, aspatial perspectives can prove
to be misleading are not new. Around the world, much of the
disappointment with the outcomes from spatial interventions
may be traced to a lack of understanding of how regional
economies work. This paper reviews the challenges that the
consideration of regions brings into economic analysis. This
work provides an overview of some of the key methods and
tools that can be used to gain a better understanding of how
regional economies work. The review aims to guide
practitioners and analysts in the use of tools for regional
economic analysis and inform discussion of the challenges
regions face and the opportunities on which they can build. |
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