Regional Development, Federalism and Interregional Co-operation

Riccardo Cappellin

Chapter Chapter 3 in Competitive European Peripheries, 1995, pp 41-57 from Springer

Abstract: Abstract Wide regional disparities in the economically lagging regions of the European Union persist after several decades of regional policy. This clearly indicates the need to modify the traditional policy doctrine. According to the traditional doctrine, the scarcity of capital and qualified labour as well as barriers associated with economies of scale cause the bottlenecks to development. Modern approaches to regional development, such as the endogenous development approach and the network approach, suggest a different diagnosis. The most important obstacles to development are threefold: first, low entrepreneurship and innovation capabilities, secondly scarcity of a specific know-how and thirdly, the low internationalisation of less developed regional economies.

Keywords: Regional Development; Regional Policy; Border Region; Competition Policy; National Unity (search for similar items in EconPapers)
Date: 1995
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DOI: 10.1007/978-3-642-79955-6_3

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