A framework for understanding regional growth
Countries are facing significant economic volatility. The effectiveness of current economic strategies is being questioned and new visions of the economy are emerging.
This conference offered a timely opportunity to rethink the approach to regional growth and define new strategic directions for regional policy. Opportunities for growth exist in all regions - urban, intermediate, and rural. Policies to trigger growth should move beyond traditional ones - based exclusively on infrastructure provision or schooling - toward policies that encourage regions to capitalise on their specific competitive advantages and mobilise local assets and resources.
The conference gave an overview of the OECD publication Promoting Growth in all Types of Regions, which analyses the growth capacity of different types of regions, including the main factors driving growth and the main bottlenecks faced by regions. This work is an important part of a longer-term programme that examines how sub-national economic performance contributes and relates to aggregate national performance, and how policy initiatives can maximise its impact.
The conference focused on the policy implications of a more targeted approach to growth, setting out a framework for understanding regional growth and its impact on national growth.
Topics for discussion included:
Improving Productivity in Lagging Regions
OECD Conference Centre, Paris, France, 28 June 2010
This forum provided an introduction to the debate on the key factors that have been successful in helping lagging regions reach national standards and in particular the role regional policies playin areas such as human capital, infrastructure, connectivity and innovation.
The discussion covered:
The Case for Growing Regions, organised by Regional Development Australia
Melbourne, Australia, 30 August 2012
Resilient Regions: Applying the latest thinking from the OECD, organised by the Regional Australia Institute and the Department of Regional Australia
Canberra, Australia, 31 August 2012
Promoting Growth in all Regions and OECD Regional Outlook, organised by Motu Economic and Public Policy Research and the New Zealand Productivity Commission
Wellington, New Zealand, 4 September 2012
Stockholm, Sweden, 20 November 2012