Rethinking Regional Development Policy-making
This report takes stock of discussions held between academics and country practitioners
during a series of seminars organised in 2017 by the OECD and the European Commission
that focused on opportunities to improve the design and delivery of regional development
policies. What can governments do to enhance economic development in regions and cities
? What lessons can be drawn from theory and practice to ensure public spending and
investments contribute to regional development as effectively as possible ? At a time
of increasing pressure on public finances it is paramount to enhance the effectiveness
of regional policy governance instruments to add value to public spending and investment.
Bringing together frontier economic theory and country practices regarding performance
frameworks, financial instruments, policy conditionalities, contractual arrangements
and behavioural insights in regional policy, this report identifies cross-cutting
lessons to help policy-makers manage common trade-offs when designing public expenditure
and investment programmes for the development of regions and cities.
Published on April 06, 2018
In series:OECD Multi-level Governance Studiesview more titles