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Growth factors and bottlenecks. Lessons from 23 regional case studies.
| Content Provider | OECD iLibrary |
|---|---|
| Organization | OECD |
| Abstract | To increase our understanding of factors for growth and the bottlenecks hindering regional growth, this chapter supplements the theory of Chapters 1 and 2 with information from 23 OECD case studies. The case study regions are divided into two groups: i) dynamic regions which over the last 12 years have caught up with the national average GDP per capita; and ii) less dynamic regions which have not yet caught up with the national average in GDP per capita. Each case study presents a snapshot of the region, an economic assessment, the key elements responsible for growth and the key bottlenecks. At the end of the chapter the main findings drawn from the 23 case studies are summarised. One of the key findings is the importance of an integrated policy approach to avoid the unintended consequences of isolated actions, which can trigger brain drain and other damaging phenomena. The research suggests some policy packages that should be implemented together, depending on the developmental stage of the region in question: i) regional growth policies, plus policies for building infrastructure and human capital; ii) strengthening infrastructure connectivity while creating a favourable business environment; and iii) strengthening institutions (e.g. good governance and leadership capacity) while promoting innovation. |
| Page Count | 201 |
| Starting Page | 77 |
| Ending Page | 277 |
| Language | English |
| Publisher | OECD Publishing |
| Publisher Date | 2012-12-06 |
| Access Restriction | Open |
| Subject Keyword | Urban, Rural and Regional Development |
| Content Type | Text |
| Resource Type | Chapter |
