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

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  • Mark D. Partridge
  • M. Rose Olfert

Abstract

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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  • Mark D. Partridge & M. Rose Olfert, 2011. "The Winners' Choice: Sustainable Economic Strategies for Successful 21st-Century Regions," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 33(2), pages 143-178.
  • Handle: RePEc:oup:apecpp:v:33:y:2011:i:2:p:143-178
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    8. Jacob Bundrick & Weici Yuan, 2019. "Do Targeted Business Subsidies Improve Income and Reduce Poverty? A Synthetic Control Approach," Economic Development Quarterly, , vol. 33(4), pages 351-375, November.
    9. Xue Zhang & Mildred E. Warner & George C. Homsy, 2017. "Environment, Equity, and Economic Development Goals: Understanding Differences in Local Economic Development Strategies," Economic Development Quarterly, , vol. 31(3), pages 196-209, August.
    10. Mark Partridge & Shawn M. Rohlin & Amanda L. Weinstein, 2020. "Firm formation and survival in the shale boom," Small Business Economics, Springer, vol. 55(4), pages 975-996, December.
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    13. Mavenga, Fortunate & Olfert, M. Rose, 2012. "The Role of Credit Unions in Rural Communities in Canada," Journal of Rural Cooperation, Hebrew University, Center for Agricultural Economic Research, vol. 40(1), pages 1-29.
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    15. Michael R. Betz & Mark D. Partridge, 2013. "Country Road Take Me Home," International Regional Science Review, , vol. 36(3), pages 267-295, July.
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    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • H0 - Public Economics - - General

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