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The Winners' Choice: Sustainable Economic Strategies for Successful 21st-Century Regions

  • Mark D. Partridge
  • M. Rose Olfert

Throughout the second half of the 20th century, urbanization, new technologies, rapid labor-saving productivity growth in primary industries, and improved highways combined to create large-scale regions which are now functionally integrated at the rural-urban level. These forces have raised the stakes for regions in their pursuit of economic development and growth, making successful regional policy even more important. Changes to the governance structures consistent with the increased interdependence within broad rural-urban regions will improve the region's competitiveness; adopting fad-based approaches and policies aimed at “picking winners” will be less fruitful. Going forward, continuing globalization and environmental sustainability have the potential to reshape fundamentally the relative attractiveness of regions. Copyright 2011, Oxford University Press.

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Article provided by Agricultural and Applied Economics Association in its journal Applied Economic Perspectives and Policy.

Volume (Year): 33 (2011)
Issue (Month): 2 ()
Pages: 143-178

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Handle: RePEc:oup:apecpp:v:33:y:2011:i:2:p:143-178
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