The Economics of Regional Policy presents an extensive overview of
this important area of economics. It reprints the most important
work by leading scholars in the field.After making the case in
favour of regional policies, the book explores the topic of
economic disparities between regions including divergent economic
growth, the effects of regional migration and wages, and the
persistence of disparities in unemployment. It then explores the
different regional policy instruments that have been introduced in
the United Kingdom and in the United States and Canada and examines
their implications. A separate section is devoted to the particular
case of the European Union. The final section offers an evaluation
of regional policies and their effects on economic efficiency. This
book makes an important contribution to the literature on regional
policy and will be a valuable resource to students, academics and
policymakers.
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