Regional Economics

This new and up-to-date text explains those aspects of economics most relevant to understanding contemporary issues facing the regional economy in the second half of the 1990s. The region is considered in the context of the subregional and local urban economies, and also in relation to the wider national and supranational economic framework. The influence of the European Community is given particular consideration. The components of the regional economy and their impact on regional growth potential are explained. The practical relevance of the theory is illustrated through appropriate regional examples. Regional and urban policies of the 1980s and 1990s are covered. Policy objectives and instruments are studied, and policy is appraised in light of its contribution and limitations. Policy is placed in the context of both the European Community and national and local government authorities.