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This policy brief outlines the main points from the publication Promoting Growth in All Regions.
Gathering evidence is an essential requirement for local development organisations to design sound economic development strategies, demonstrate delivery against objectives, and prepare a path for future policy action.
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Managing relations between different levels of government is a necessity,since almost all countries are decentralised to one degree or another. In atime of economic crisis, it is crucial that these different levels of governmentwork together effectively, as governments are having to do more, includingimplementing stimulus packages, with less. In OECD countries, sub-nationalauthorities are responsible for an average of 60% of public
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Innovation is an important component of economic development and productivity growth. Indeed, governments are aware that one of the ways they can begin to pull themselves out of the current financial and economic crisis is to invest in innovation.
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Technological change, an aging work force and a global economic downturn are posing enormous challenges to OECD regions. While some regions are equipped to confront and handle these changes, others are struggling to remain competitive.
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Istanbul, the demographic and economic heart of Turkey, has gone through enormous changes over the past century. This mega-city of about 15 million inhabitants has seen its population increased more than tenfold since 1950. It has benefitted from a favourable national economic environment, triggered by a broad and continuous reform process, strengthening its position on the international marketplace. Over time, Istanbul has
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Madrid has captured the advantages of globalisation by becoming a metropolitan region of 6 million people, which attracts foreign workers and firms. The capital region has experienced impressive dynamic economic growth in recent years, making the best of the positive business cycle in Spain. It absorbs more than half of Spain’s total foreign direct investment (FDI) and has extended its economic relations with Latin American
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Innovation is a major factor of economic growth and performance in the globalised economy. Innovation brings new technologies and new products that help address global challenges such as health or the environment. New ways of producing goods and delivering services boost productivity, create jobs and can help improve citizens’ quality of life.But for innovation to provide all these benefits, it has to work. Researchers can push the
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Nations and regions are struggling to remain competitive and adapt in the context of globalisation. The regional specialisations built up over decades are transforming rapidly. Many regions that were historically production centres are losing out to lower-cost locations and are reorienting their activities to higher value-added non-manufacturing industries or R&D-intensive manufacturing niches. Yet, given that even some of these
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The Randstad is the poly-centric urban area in western Netherlands, comprising Amsterdam, Rotterdam, The Hague, Utrecht, and several smaller cities. It is one of the most densely populated areas in the OECD, which has developed into an advanced urban economy with many leading sectors, such as logistics, horticulture and financial services. The Randstad has one of the lowest unemployment rates in all OECD countries and is one of the