The case for regional development intervention: Place-based versus place-neutral approaches

Fabrizio Barca (), Philip McCann () and Andrés Rodríguez-Pose
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Fabrizio Barca: Ministry of Economy and Finance

No 2011-15, Working Papers from Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales

Abstract: The paper examines the debates regarding place-neutral versus place-based policies for economic development. The analysis is set in the context of how development policy thinking on the part of both scholars and international organizations has evolved over several decades. Many of the previously accepted arguments have been called into question by the impacts of globalization and a new response to these issues has emerged, a response both to these global changes and also to non-spatial development approaches. The debates are highlighted in the context of a series of major reports recently published on the topic. The cases of the developing world and of the European Union are used as examples of how in this changing context development intervention should increasingly focus on efficiency and social inclusion at the expense of an emphasis on territorial convergence and how strategies should consider economic, social, political and institutional diversity in order to maximize both the local and the aggregate potential for economic development.

Keywords: place-based; development; policy; institutions; globalization; economic geography (search for similar items in EconPapers)
JEL-codes: O18 P48 R11 R58 (search for similar items in EconPapers)
Date: 2011-09-06
New Economics Papers: this item is included in nep-ure
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Citations: View citations in EconPapers (15)

Published in Journal of Regional Science 52(1), February 2012: 134-152

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Related works:
Journal Article: THE CASE FOR REGIONAL DEVELOPMENT INTERVENTION: PLACE‐BASED VERSUS PLACE‐NEUTRAL APPROACHES (2012)
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