What's the issue?
The COVID-19 pandemic triggered the most severe economic recession in nearly a century. Regions are facing a new situation which prompts them to rethink their participation in globalisation, as well as their attractiveness. Numerous indicators reveal not only the severity of this crisis, but also the economic interdependence that has developed between regions in different countries.
To respond to the crisis and overcome structural challenges, regions must rethink their attractiveness and moblise their strengths through a better understanding of their international profiles and by identifying international targets, investors, talents and visitors, as well as local actors, businesses and residents.
What can the OECD offer?
The OECD has designed a methodological framework, bringing together four categories of international connections, in order to assess the internationalisation of regions, thus going beyond the criteria of economic exchanges alone:
More about the project
To respond to the crisis regions must rethink their attractiveness through a better understanding of their international profiles and identifying international targets, investors, talents and visitors, as well as local actors, businesses and residents. By Q3 2021 the project will bring together 25 regions around the world.
If you are interested in becoming a partner region please contact Claire.CHARBIT@oecd.org.