Provincial Development in China: Lessons from EU Regional Policy Experience
Abstract
This article evaluates and compares regional development in the Chinese provinces and in the regions of the European Union (EU) countries. Development efforts in southern Italy, northeast England and eastern Germany are reviewed along with EU, Community-wide regional development programmes. Equity concerns suggest promotion of regional policy, but the pursuit of maximum national economic growth would avoid it, since it sacrifices some economic growth. The impact of foreign direct investment (FDI) and domestic investments on individual Chinese provinces is compared with their impact in Europe. There is an implicit contrast between public sector regional development programs and more effective private foreign direct investments.Download Info
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Bibliographic Info
Article provided by Taylor and Francis Journals in its journal Global Economic Review.
Volume (Year): 36 (2007)
Issue (Month): 3 ()
Pages: 193-215
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Related research
Keywords: Regional economic development; European Union; FDI; economic growth; regional development programs; lagging regions;References
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