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Twenty-five Years of Regional Development

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  • R. Ross Mackay
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    Abstract

    MACKAY R. R. (2003) Twenty-five years of regional development , Reg. Studies 37 , 303-317. Up to the mid 1970s there was a trend towards greater regional equality in the distribution of income and wealth in the UK. However, over the last 25 years regional inequality has increased, as have other forms of inequality. Growing inequality has been associated with a more difficult labour market. The growing gap between a prosperous Inner Region Core and the rest of the UK is disguised in the unemployment statistics because of a powerful discouraged worker effect in the less prosperous regions. This paper seeks to explore why regional convergence has been replaced by divergence and argues that if spatial imbalances continue, then they are likely to add to inflationary pressures in the UK that may be detrimental to the growth of national output. MACKAY R. R. (2003) Vingt-cinq annees d' amenagement du territoire, Reg. Studies 37 , 303-317. Jusqu'au milieu des annees 1970, la tendance etait a un meilleur equilibre regional dans la distribution des revenus et de la richesse au Royaume-Uni. Toujours est-il que, sur les vingt-cinq dernieres anne es, l'ecart regional s'est creuse, parmi d' autres formes d'inegalite. Le creusement des inegalites s'est rapporte a un marche du travail plus tendu. Dans les chiffres du chomage, le creusement de l'ecart entre un noyau regional riche et le reste du Royaume-Uni est moins clair a cause d'un effet travailleur decourage important dans les regions defavorisees. Cet article cherche a e tudier pourquoi la notion de convergence regionale s'est vu remplacee par la notion de divergence regionale, et affirme que, si les de sequilibres regionaux persistent, ils risqueront d'augmenter la pression inflationniste au Royaume-Uni, ce qui pourrait etre nuisible a la croissance du produit national. MACKAY R. R. (2003) Funfundzwanzig Jahre regionaler Entwicklung, Reg. Studies 37 , 303-317. Bis zur Mitte der siebziger Jahre gab es eine Tendenz zu verstarkter regionaler Uniformitat der Verteilung von Einkommen und Wohlstand im Vereinigten Konigreich. In den letzten 25 Jahren jedoch haben regionale wie auch andere Formen der Ungleichheit zugenommen. Zunehmende Ungleichheit wird nit Problemen auf dem Arbeitsmarkt in Zusammenhang gebracht. Die zunehmende Kluft zwischen einem florierenden Kern in den Binnenregionen und dem Rest des Landes erscheint in den Erwerbslosenstatistiken weniger scharf profiliert wegen der durchschlagenden Wirkung der Entmutigung in der arbeitenden Bevolkerung der weniger reichen Regionen. Dieser Aufsatz beabsichtigt, zu untersuchen, warum regionale Konvergenz einer Divergenz gewichen ist, und behauptet, dass ein Anhalten der raumlichen Unausgewogenheit wahrscheinlich zu Inflationsdruck im Vereinigten Konigreich beitragt, der dem Gesamtausstoss des Landes nachtraglich sein konnte.

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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Regional Studies.

    Volume (Year): 37 (2003)
    Issue (Month): 3 ()
    Pages: 303-317

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    Handle: RePEc:taf:regstd:v:37:y:2003:i:3:p:303-317

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    Related research

    Keywords: Regional Inequality; Macro Economy; Regional Policy;

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    Cited by:
    1. John Ashton & Andros Gregoriou, 2012. "The Influence of Banking Centralisation on Depositors: Regional Heterogeneities in the Transmission of Monetary Policy," Working Papers 12005, Bangor Business School, Prifysgol Bangor University (Cymru / Wales).
    2. S. P. Chakravarty, 2006. "Regional variation in banking services and social exclusion," Regional Studies, Taylor & Francis Journals, vol. 40(4), pages 415-428.

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