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Developing locallyAn international comparison of local and regional economic development$
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Andrew Beer, Graham Haughton, and Alaric Maude

Print publication date: 2003

Print ISBN-13: 9781861345462

Published to University Press Scholarship Online: March 2012

DOI: 10.1332/policypress/9781861345462.001.0001

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date: 17 August 2017

Understanding international divergence and convergence in local and regional economic development

Understanding international divergence and convergence in local and regional economic development

Chapter:
(p.15) Two Understanding international divergence and convergence in local and regional economic development
Source:
Developing locally
Author(s):

Graham Haughton

Andrew Beer

Alaric Maude

Publisher:
Policy Press
DOI:10.1332/policypress/9781861345462.003.0002

This chapter examines divergence and convergence in local and regional economic development (LRED). It discusses the growth in the number of economic-development institutions and the growth in the range and type of activities that constitute local economic development. The chapter analyses approaches of the state to managing sub-national economies and highlights the state's strategic selectivity in reordering sub-national institutional architectures for LRED activity. It also explores how choices are made about what constitutes an appropriate problem area for policy intervention and the appropriate range of policy instruments.

Keywords:   LRED, economic-development institutions, sub-national companies, strategic selectivity, policy intervention, policy instruments

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